Construction Industry Scheme

Our CIS payroll services have several advantages that can benefit your business:

• Experience: Our team of payroll experts has extensive experience in managing payroll for businesses in the construction industry and is familiar with the CIS’s requirements.
• Accuracy: We use advanced technology and best practices to ensure that your payroll is accurate and free from errors, including compliance with the CIS.
• Compliance: We stay up-to-date with all relevant tax laws and regulations, including the CIS, to ensure that you are always in compliance.
• Cost-effective: Outsourcing your payroll to us can save you time and reduce costs, allowing you to focus on growing your construction business.

Our payroll services are designed to meet the unique needs of your construction business. Here are some of the services we offer:

• Payroll processing: We handle all aspects of payroll processing, including calculating employee wages and taxes, producing employee payslips, and processing direct deposits while ensuring compliance with the CIS.
• Tax compliance: We ensure that your payroll taxes are calculated and paid accurately and on time, including CIS deductions, and that you are in compliance with all relevant tax laws and regulations.
• Employee benefits: We set up and maintain employee benefits, including retirement plans, health insurance, and other benefits programs, and ensure compliance with the CIS.
• HR support: We provide HR support, including employee onboarding, offboarding, and compliance with employment laws, including the CIS.

If you are registered under the Construction Industry Scheme (CIS), you can benefit greatly from using Folkes Worton to handle your CIS refunds. Here are some advantages:

• Expertise in CIS regulations: We are experienced in and have a good understanding of the CIS regulations, including the rules surrounding deductions and refunds. This expertise can be invaluable in ensuring that you receive the correct amount of refund you are entitled to, while also avoiding penalties and fines.
• Time-saving: Filing CIS returns can be a time-consuming process. By using us, you can save time and focus on your core business activities, rather than spending time on paperwork and administrative tasks.
• Reduced errors: We can ensure that all paperwork is accurately completed and submitted on time, reducing the likelihood of errors and associated penalties. This can help to minimise any potential issues with HMRC, which can be time-consuming and costly to resolve.
• Increased refunds: We are well-versed in identifying all the allowable expenses that can be claimed back against CIS deductions. This can lead to a higher CIS refund.
• Improved cashflow: By ensuring that CIS refunds are processed quickly and accurately, we can improve your cashflow and reduce any financial strain on your business. This can help to free up funds for investment or expansion, ultimately leading to long-term growth.