CIS accountants
for construction companies.
Monthly CIS returns, subcontractor verification, deductions and the set-off against your company’s PAYE and corporation tax — handled for limited companies in construction. Online across the UK, or in person near Oswestry.
What Finstem does for a construction company.
Year-end accounts
Statutory accounts prepared from the bookkeeping, reviewed with you, and filed at Companies House on time.
Corporation tax
The computation and the CT600 from the same figures, with the payment date confirmed in writing.
Bookkeeping
Bank feeds reconciled through the year so the numbers are current when a decision needs them.
Tax planning
Pay, dividends and capital spending reviewed before the year end, while they can still change the bill.
Questions about CIS.
Q1What do you handle under CIS?
Verification of your subcontractors with HMRC, the deductions at the right rate, the monthly CIS return, and the statements your subcontractors need. If you’re a subcontractor yourself, the deductions taken from you are set against your company’s liabilities.
Q2We keep overpaying — the CIS deducted is more than our bill.
That’s common for subcontractor companies. The CIS suffered is offset against your PAYE and corporation tax, and any excess is reclaimed from HMRC after the year end. Finstem tracks it through the year so it isn’t missed.
Q3Can you help us apply for gross payment status?
Yes. Where the company meets HMRC’s turnover, compliance and business tests, Finstem helps you apply so payments come in without the deduction — which usually helps cash flow.
Q4What does switching involve?
One email from you. Finstem requests professional clearance and your records, sets up the software and the HMRC authorisations, and confirms every filing date. Two to three weeks.
Based in Oswestry.
Online across the UK.
CIS is run every month, so it needs an accountant who’s on it. Your records live in cloud software, the returns go in on time, and you deal with one person who replies within one working day. Meetings in person near Oswestry when you want them.
- Monthly CIS returns filed on time, deductions and verification handled
- Switching from another accountant takes one email
- You deal with the same accountant every time — not a queue
Year-end accounts and the CT600
Accounts and the return prepared from the same figures, reviewed with you, and filed.
VAT across mixed income
Each income stream checked for its VAT treatment when the company is taken on, and again on every return.
Tax planning before the year end
Pay, dividends and capital spending reviewed while they can still change the bill.
Talk to an accountant who actually answers.
CIS, accounts, tax and payroll for construction companies and subcontractors — quoted in writing before any work starts.
“Always available when you need him, advice is really good. Helped my start-up business perfectly — wouldn’t have been able to do half the stuff if he wasn’t so attentive and helpful.”
★★★★★ 5.0 on Google