CIS Tax Returns · South East London
CIS tax returns in Ruxley
The Construction Industry Scheme takes 20% off a subcontractor's invoices before they are paid, and in Ruxley that money is often more than the tax actually owed. We prepare the return, reclaim the difference and chase HMRC for the refund. Contractors get the monthly CIS300 filed by the 19th with statements issued. Fixed fees, agreed in writing.
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 Ruxley
Construction businesses in Ruxley 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 Ruxley, 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
What you get in Ruxley
No hourly rate and no surprise invoice. Ruxley clients know the fee for cis tax returns before they send a single document, and it stays fixed.
Deadline-first: the dates that matter for cis tax returns are shown at the top of this page, diarised for every Ruxley client and chased before they arrive.
Online only, UK based. There is no office in Ruxley 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.
You get one contact for cis tax returns, not a queue. Ruxley clients message the same person throughout and get an answer in working hours, usually within a few hours.
Plain English, with the numbers. Every draft for Ruxley comes with a short explanation of what the figures mean and what, if anything, you should do about them.
Approval before filing is a rule, not a courtesy. For cis tax returns in Ruxley, every submission to HMRC or Companies House follows your written go-ahead.
Local facts
About Ruxley
Ruxley is in South East London, within Bromley, in the DA14 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 |
|---|---|---|
| Upper Ruxley | 0.3 mi | SE |
| Cray Meadows | 0.6 mi | N |
| Foots Cray | 0.7 mi | NW |
| North Cray | 0.8 mi | N |
| St Paul's Cray | 1.0 mi | SW |
| Hockenden | 1 mi | SE |
| Joydens Wood | 1 mi | NE |
| Frognal | 1 mi | W |
Worth knowing
Rules that come up in this work
Closing a company
Striking off a company is cheap but must be done in order: stop trading, file the final accounts and CT600, pay the tax, close VAT and PAYE, distribute the remaining assets, close the bank account, then apply. Anything left in the company at dissolution passes to the Crown. Distributions up to £25,000 are taxed as capital gains; above that a formal liquidation is usually needed to keep capital treatment.
Switching accountants
The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.
CIS deductions
Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.
Confirmation statements and identity verification
Companies House has tightened its requirements under the Economic Crime and Corporate Transparency Act: every company needs a registered email address and an appropriate registered office, every statement includes a lawful-purpose declaration, and every director and PSC must verify their identity. The confirmation statement, due annually with a £50 fee, is where most of this is confirmed.
Corporation Tax rates and marginal relief
Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.
The VAT registration threshold
The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.
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.
Questions
CIS Tax Returns questions from Ruxley
I have not filed for several years. Can you catch me up?
Yes. Late Self Assessment returns can be filed for the last four tax years to reclaim CIS deductions, and HMRC will offset refunds against any penalties. We quote a fixed fee for the set based on the number of years and reconcile each year's statements. The sooner this is done the more years remain claimable.
Can my CIS deductions be set against my VAT or other taxes?
For sole traders, no; CIS deductions are credited against your income tax and Class 4 National Insurance through Self Assessment, with the excess refunded. For companies, deductions are offset against PAYE and CIS owed, and the remaining balance is repaid by HMRC after the year end or, on request, set against Corporation Tax.
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.
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.
How do I get started from Ruxley?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for cis tax returns. Once you confirm, we tell you exactly which records to send and the work begins. Most Ruxley clients are set up within a day.
Which deadlines matter most for cis tax returns?
The next four dates that apply to cis tax returns are shown at the top of this page, calculated from today. For Ruxley clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
Start the conversation from Ruxley
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.