CIS Tax Returns · South East London
CIS tax returns in Cudham
If you work in construction in Cudham, CIS touches almost everything: how you are paid, how you pay others, how VAT is charged under the reverse charge, and how much tax you get back in January. We handle all of it for trades across South East London from a published fee menu, with nothing filed until you have approved it.
from £30/mo · fixed, per month
Next deadlines
- VAT return and payment for the quarter that ended last month
- CIS monthly return and deduction statements to subcontractors
- PAYE and National Insurance for last month paid to HMRC (electronic)
- VAT return and payment for the quarter that ended last month
Who this is for
CIS Tax Returns for Cudham
Construction businesses in Cudham on either side of the scheme: sole trader and limited company subcontractors with 20% or 30% deductions to reclaim, contractors who pay subcontractors and must file monthly, businesses that do both, and established subcontractors with turnover high enough to apply for gross payment status and stop deductions altogether.
What is included
Everything inside the fixed fee
- Subcontractor verification with HMRC and the correct deduction rate (20%, 30% or gross) applied each time
- Monthly CIS300 return filed by the 19th with deduction statements issued to every subcontractor
- Subcontractor annual Self Assessment with CIS deductions reclaimed and the refund chased with HMRC
- Gross payment status application prepared with the turnover, compliance and business tests evidenced
- Domestic reverse charge VAT checked on every CIS invoice in both directions
- CIS deductions offset against PAYE for limited company subcontractors through the EPS each month
How it works
CIS Tax Returns from Cudham, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
The IGI way of working, in Cudham
The price for cis tax returns is published on this page and is what a client in Cudham pays. We confirm it in writing first, and the invoice matches the quote.
Deadline-first: the dates that matter for cis tax returns are shown at the top of this page, diarised for every Cudham client and chased before they arrive.
Online only, UK based. There is no office in Cudham to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.
Continuity matters in cis tax returns: the person who prepared last year's work for your Cudham business prepares this year's, and remembers what was agreed.
Plain English, with the numbers. Every draft for Cudham comes with a short explanation of what the figures mean and what, if anything, you should do about them.
You stay in control of cis tax returns: drafts go to Cudham clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Cudham
Cudham is in South East London, within Bromley, in the TN14 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| Horns Green | 0.5 mi | SE |
| Berry's Green | 0.6 mi | W |
| Burlings | 0.7 mi | SE |
| Letts Green | 0.8 mi | E |
| Single Street | 0.8 mi | W |
| Luxted | 1.0 mi | NW |
| Darwin | 1 mi | NW |
| Hazelwood, Bromley | 1 mi | N |
Worth knowing
Rules that come up in this work
Salary versus dividends
Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.
Director's loan accounts
Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.
The VAT registration threshold
Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.
Corporation Tax rates and marginal relief
Since April 2023 there have been two Corporation Tax rates, 19% small profits and 25% main, with marginal relief smoothing the transition between £50,000 and £250,000 of profit. The band is where planning matters: each pound of profit in it is taxed at an effective 26.5%, so pension contributions and capital expenditure timed to keep profit below £50,000 are worth more than they look.
Late filing penalties
Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.
Making Tax Digital for Income Tax
MTD for Income Tax replaces one annual return with quarterly digital updates and a year-end declaration, submitted from software. The threshold is gross trading and property income, measured two years earlier, and started at £50,000 in April 2026 before falling to £30,000 in April 2027. Anyone affected needs digital record keeping in place before their start date, not after.
The Self Assessment calendar
Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.
Questions
CIS Tax Returns questions from Cudham
When are contractor returns due?
The CIS300 monthly return covers the tax month to the 5th and must reach HMRC by the 19th. Deduction statements must go to subcontractors by the same date. A nil return is still required if you paid no subcontractors. Late returns cost £100 immediately, rising to £200 after two months and then percentage-based penalties.
What rate do I deduct from a subcontractor?
You must verify each new subcontractor with HMRC before the first payment. HMRC tells you 20% if they are registered, 30% if not, or 0% if they hold gross payment status. Deductions apply to the labour element only, never to materials, VAT or plant hire. We verify every new subcontractor and record the result.
What does the £149 subcontractor return include?
Your full Self Assessment with the self-employment pages, every CIS deduction statement reconciled to your income, allowable expenses claimed, the refund calculated and the return filed. We then track the repayment with HMRC, which usually arrives within two to six weeks of filing in the quieter months.
How much CIS refund can I expect?
It depends on your profit and expenses. Deductions are 20% of the labour element of your invoices; tax is only due on profit after expenses and the £12,570 personal allowance, with Class 4 National Insurance on top. Many subcontractors earning under £35,000 get back several thousand pounds. We give you the figure before filing.
How does the VAT reverse charge affect CIS work?
Since March 2021, where both parties are VAT and CIS registered and the supply is within the scheme, the subcontractor does not charge VAT; the contractor accounts for it on their own return. The invoice must state that the reverse charge applies. We check your sales and purchase invoices for this on every return.
Do I need to register for CIS?
Subcontractors should register so deductions are 20% rather than 30%; registration is free with HMRC or £49 through our service with your UTR sorted at the same time. Contractors must register before paying their first subcontractor. If you are both, both registrations are needed; our dual package is £99.
Do you have an office in Cudham?
No. IGI Accounting is an online-only firm. We serve Cudham and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for cis tax returns is the same in Cudham as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is cis tax returns in Cudham really the same price as elsewhere?
Yes. The fee published on this page is what a client in Cudham pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.
One message from Cudham, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.