Contractors deduct tax from some subcontractors taking 20% or 30% at source from their earnings and paying that over to HMRC on their behalf. We can assist you with working out the tax and preparing the deduction statements for the subcontractors or take the burden off you completely by handling your subcontractor payments in house giving you more time to manage your day to day business.
Working as a subcontractor you may have had tax taken off you by your contractor. We can assist you in working out your tax as well as making the claim. We look at all your allowances and business expenses in preparing the account and tax return as well as making a CIS tax refund claim on your behalf where applicable.