It is crucial that businesses that operate within the Construction Industry Scheme (CIS) that pay contractors and subcontractors for construction work are complying with their legal responsibilities. The Construction Industry Scheme: A Practical Guide, provides a full introduction to the CIS, the tax deduction process and explores a wide range of work contracts in detail.
This comprehensive guide will walk you through the critical areas of CIS such as legislation of the scheme, registering for the scheme, record keeping and tax returns. This online certification is designed to help learners familiarise with the administration of the CIS and how to deal with issues that may arise when managing contractors and self-employed workers. This Construction Industry Scheme course has no entry requirements or restrictions and is open to all.
Highlights of The Construction Industry Scheme (CIS):
- Get a full overview of the construction industry and construction operations
- Gain a solid understanding of the types of work covered by the Construction Industry Scheme
- Learn about the different types of businesses that are covered by the scheme
- Develop your understanding of contractors & subcontractors and their responsibilities
- Understand how payments are made to contractors and subcontractors
- Ensure that your business is operating within the Construction Industry Scheme
- Have a solid understanding of how to make deductions from subcontractors & make a payment to HMRC
- Learn what records need to be kept and for how long they need to be kept