CIS – Contractors Monthly Returns

5th July 2016

From April 2016 changes have been made to the Construction Industry Scheme (CIS). Part of the reforms were that contractors must file their monthly returns online.

HMRC have introduced a number of improvements to the CIS online service with a view to making it easier and more efficient to use. These changes include the facility to amend returns online. They have also introduced a new online message/alert service. HMRC will issue messages and alerts including:

These messages will be sent to the contractors HMRC CIS Online account. HMRC are asking contractors to check if they are receiving these messages via their commercial software package, otherwise contractors may need to access them via the HMRC online service.

Modified online subcontractor verification service

HMRC have also now modified the Subcontractor verification service which includes improved search and matching functions, and updated screens which will now display tax treatment details against each subcontractor. HMRC are encouraging contractors to use this service as the telephone verification service is expected to be removed from April 2017.

If you would like help with CIS issues or returns please contact us.

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Posted – 05/07/2016