CIS Tax Returns · South West
CIS tax returns in Swindon
CIS tax returns for construction businesses in Swindon: monthly returns for contractors at £30 a month, annual returns with refund claims for subcontractors at £149, and gross payment status applications at £199. Everything is done online and the fee is the same in Swindon as in every other part of England.
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 Swindon
Construction businesses in Swindon 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 Swindon, 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
Why Swindon businesses file with IGI
One fixed fee for cis tax returns in Swindon, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
Nothing for Swindon is left to the last week. Each deadline relevant to cis tax returns is tracked from the day you join, with the next four shown on every page we send you.
We serve Swindon remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for cis tax returns.
A named person handles your cis tax returns from Swindon and knows the file, so you are not re-explaining your business to a different helpdesk each time.
We explain cis tax returns in the words Swindon business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Swindon 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 Swindon
Swindon is in South West, in the SN1 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 |
|---|---|---|
| New Town (Swindon Newtown) | 0.3 mi | E |
| Swindon New Town | 0.3 mi | E |
| King's Hill, Swindon | 0.6 mi | SW |
| Even Swindon | 0.6 mi | W |
| Walcot West | 0.9 mi | E |
| Gorse Hill, South West | 0.9 mi | NE |
| Okus | 1 mi | S |
| Rodbourne, South West | 1 mi | NW |
Worth knowing
Rules that come up in this work
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.
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.
Dormant companies
Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.
The trading and property allowances
Small side incomes are covered by two £1,000 allowances, one for trading and one for property, which remove the need to register or report income below that level. Once income exceeds £1,000, the allowance can be used in place of expenses, a choice worth making deliberately: a freelancer with £900 of costs is better off with the allowance, one with £3,000 is not.
Employer National Insurance
The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.
Workplace pensions and auto-enrolment
Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.
Record keeping
HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.
Questions
CIS Tax Returns questions from Swindon
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.
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 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.
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.
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.
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 Swindon 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.
How do I get started from Swindon?
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 Swindon clients are set up within a day.
Let us take the deadlines off your plate in Swindon
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.