CIS Tax Returns · North London
CIS tax returns in Dollis Valley
CIS for contractors and subcontractors in Dollis Valley, from an accountant that works to the 19th of every month. Verification of new subcontractors, the right deduction rate every time, monthly returns and statements, and for subcontractors the annual return that turns deductions into a refund. Online, fixed-fee, serving every postcode.
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 Dollis Valley
Construction businesses in Dollis Valley 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 Dollis Valley, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
The IGI way of working, in Dollis Valley
One fixed fee for cis tax returns in Dollis Valley, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Dollis Valley get reminders at 60, 30 and 7 days before each date that applies to cis tax returns.
No appointments, no travel across North London, no parking. Everything for cis tax returns in Dollis Valley happens online, with a real person on the other end during UK working hours.
A named person handles your cis tax returns from Dollis Valley and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Dollis Valley clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for cis tax returns.
Nothing is filed for Dollis Valley until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.
Local facts
About Dollis Valley
Dollis Valley is in North London, within Barnet, in the EN5 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.
| Place | Distance | Direction |
|---|---|---|
| Ducks Island | 0.5 mi | W |
| Totteridge, Barnet | 0.7 mi | S |
| Barnet | 0.7 mi | N |
| High Barnet | 0.7 mi | N |
| Underhill, Barnet | 0.7 mi | W |
| New Barnet | 1 mi | E |
| Monken Hadley | 1 mi | N |
| Whetstone | 1 mi | SE |
Worth knowing
Rules that come up in this work
The VAT registration threshold
VAT registration is compulsory once taxable turnover in any rolling twelve-month period exceeds £90,000, or when you expect to exceed that in the next thirty days alone. The test is rolling, not by tax year, and includes zero-rated sales. Businesses regularly cross it without noticing, and late registration means accounting for VAT on sales where it was never charged to customers.
Making Tax Digital for Income Tax
The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.
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.
Payments on account
If your Self Assessment bill exceeds £1,000 and less than 80% of your tax was collected at source, HMRC asks for two advance payments towards the following year, each half of the current bill, due 31 January and 31 July. The first year this happens the January payment is effectively one and a half times the bill. We model it in advance and show you how to reduce the payments if income is falling.
The Self Assessment calendar
The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.
Closing a company
A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.
Switching accountants
You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.
Questions
CIS Tax Returns questions from Dollis Valley
What records do I need to keep for CIS?
Subcontractors: every deduction statement, invoices and bank records. Contractors: verification references, gross payments, materials costs, deductions made and the statements issued, for at least three years. Missing deduction statements are the most common reason refunds are delayed, so we help you obtain copies from contractors.
What counts as construction work under CIS?
Site preparation, building, alteration, repair, decoration, demolition, and installing systems such as heating, lighting and water. Professional work such as architecture and surveying, scaffolding hire without labour, and carpet fitting are outside the scheme. Mixed contracts fall within it entirely. We check borderline cases against HMRC's list.
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.
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.
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.
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.
Is cis tax returns in Dollis Valley really the same price as elsewhere?
Yes. The fee published on this page is what a client in Dollis Valley 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.
Do you have an office in Dollis Valley?
No. IGI Accounting is an online-only firm. We serve Dollis Valley 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 Dollis Valley as anywhere else in the country, and why there is nothing to visit and nothing to print.
Get a fixed quote for Dollis Valley today
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.