Construction Industry Scheme (CIS)

In addition to dealing with the administration of the scheme, attendees will receive practical advice on how to manage the typical issues that they will encounter with subcontractors.

To reinforce the learning and to consolidate your knowledge,there are also two interactive sessions which look at case studies and exercises relating to the scheme.

Who Is It For?

Construction Industry course is for anyone who is going to be connected to the construction industry where their job will be to manage the payroll and processing and reporting CIS payments.

Course Content

• Purpose and background of the Construction Industry Scheme

• Importance of establishing the employment status and verification process

• Compliance requirements and electronic filing and paying

• The penalties for getting it wrong

• Registration and cancellation of registration

• Business test

• Turnover test

• Verification procedures

• Payments

• Day to day requirements

• Monthly returns

• Paying subcontractors and processing the deduction of tax

• Disputes and errors

• Online appeals from April 2016

• The Mandatory online filing from April 2016

• Withdrawal of telephone verification service from April 2017

• The Continued impact of the IR35

Learning Outcomes

By the end of this course you will have learnt:

• How to register under CIS with HMRC

• Activation of CIS Module on Sage, XERO or QuickBooks training

• Understanding of the responsibilities towards HMRC, the contractor and the subcontractor duties and labilities.

• Verification Process for engaging new subcontractors

• How to make the correct payments.

• Processing the main contractors, subcontractors and gross pay

• A detailed understating of the necessary processes and report submissions

• An overall compliance with the law and all technicalities around CIS Scheme.