CIS CONTRACTORS
If you work in Construction and you are not subject to Supervision, Direction or Control, Compass CIS may be the best solution for you to enjoy the benefits of being self-employed. Once you are registered with the Construction Industry Scheme (CIS) and pass the Compass SDC assessment, you can work safe in the knowledge that you are compliant with HMRC’s rules.
With Compass CIS you will receive a weekly pay net of CIS deduction which is paid over to HMRC. Keep a record of your weekly allowable work expenses and you will be able to claim tax relief at the end of the year via a self-assessment tax return which our experts can prepare on your behalf, should you wish.
If you are new to contracting our team can help guide you through the process of registering for CIS.
Why use Compass CIS?
Construction specialists
Our team has almost 15 years’ experience supporting construction contractors.
Complete compliance
Enjoy peace of mind knowing that Compass has taken care of all your CIS self -employment compliance.
Personal accident insurance
Compass can provide insurance to ensure you are paid in the event that you are injured through accident. Ask us for more details of coverage.
Easy set-up, with no commitment
It’s easy to register for Compass CIS. You can use Compass in other contracts or take a break without any penalty.
Fast, accurate payment notification.
You will receive an SMS when payment has been made to your bank account, together with the net amount.
Tax efficient contract solution
The qualified accountants at Compass can provide a professional self-assessment that includes all allowable expenses, to maximise your tax efficiency.