If your business operates within the construction sector and enjoys the services of subcontractors, the chances are you’ll need to adhere to the requirements of the Construction Industry Scheme (CIS). Whilst the work of these subcontractors is undoubtedly necessary, the process of managing CIS payroll can be extremely onerous and costly for many businesses.
Unfortunately, however, there’s no ‘get out’ clause. Instead, HMRC make it a legal obligation, something only exacerbated by the ever-changing nature of what is already complex legislation. There’s also the issue of subcontractors being placed across multiple sites, thereby making it difficult for the main contractor to track total hours. With these factors to consider, you can easily see why compliance can be an arduous and time consuming process.
Thankfully it doesn’t have to be this way.
Why choose Phil Owen & Co.?
By outsourcing CIS payroll to Phil Owen & Co. you’ll be free to focus upon more important things, saving time, removing hassle and ensuring compliance along the way. What’s more, we’ll guarantee that your payment run will be carried out on time, every time and without any disruptions to your day-to-day operations.
Our best in class internal verification processes and procedures practically eliminate the risk of errors whilst our CIS experts keep up to date with legislation, ensuring total compliance.
Thanks to the efficiency and reliability of our service, we’ve become one of Liverpool’s most popular accountancy firms, helping hundreds of businesses to streamline subcontractors’ CIS payments whilst ensuring reports are user friendly and accessible.
Complementing our CIS payroll service, we also offer a range of other accounting services – including support with general payroll and Self Assessment tax returns.
If you’re looking for expert, proactive, advice, why not take advantage of a free consultation? You can visit our Liverpool HQ, or we’ll happily come to yours. Begin by getting in touch today.