Our Payment Solutions
Construction Industry Scheme Payroll
Managing Worker's Self-Employed Status, While Removing Tax and NI Liabilities from the Company
Self-Employed and Employed CIS Payroll Solutions
The Construction Industry Scheme (CIS) sets out HMRC’s rules regarding how payments are handled to contractors and subcontractors within the construction industry. A UTR (unique tax reference) number (formerly known as the CIS card) is issued by HMRC upon registering for CIS status.
Team Construction Limited, part of the Futurelink Group, are registered with HMRC with Gross Status under the CIS. We operate two CIS payroll solutions for workers that fall under the scheme. Our standard CIS solution enables self-employed workers to be paid with the correct CIS deduction, using their UTR number. For those that do not have a self-employed status with HMRC and fall under Supervision, Direction or Control, we can offer our CIS Umbrella solution with employed status.
By contracting with us you are appointing us to engage Subcontractors on your behalf, eliminating the risk of liability for NI, Holiday pay, SSP, SMP, SPP and any potential or associated fines for underpayments. Our subcontractor agreement includes indemnification for Subcontractors that are paid via us. All statutory reporting requirements are undertaken by us.
As part of our service, all workers are covered for Employer's and Public Liability Insurance.