CIS Payments and Recording

CIS Payments and Recording includes the calculation and recording of payments made to subcontractors and calculation/recording of CIS tax deductions. A report of all subcontractor payments and deductions (by subcontractor) will be supplied to the client following input. Each subcontractor will require initial setup prior to detailing calculations. A form will be supplied detailing the information required.

DK Bookkeepers will require access and approval to your online HMRC account.

Subcontractor Setup - £3.50 per subcontractor.

Calculation and recording of payment & tax - £2.50 per payment made.

Please ensure subcontractors supply invoices detailing labour and supplied materials and VAT separately for all payments made.

Online CIS Filing
Includes monthly online filing of CIS returns to HMRC. Please note these options are only available with the CIS Recording services. Please note, DK Bookkeepers will require online access and your approval to access your HMRC Online account.

Filing of CIS return and reporting of payment to be made to HMRC by due date*

Return including up to 10 subcontractors: £10.00 (per return)
Additional Subcontractors (up to 50): £0.75 (per subcontractor)
Additional Subcontractors (over 50): £0.50 (per subcontractor)

Please note, if you also have employees, the PAYE, NI and Employer’s NI payment due will need to be added to the CIS value. For clients using the managed payroll service, this amount will be included in the value on the report.

* Payments should be made to HMRC by direct transfer – deadline of 22nd of the Month (or last working day before). If payments are made using post and a yellow payslip booklet, this must be received by HMRC on or before 19th of the Month (or last working day before).