Do I need an accountant for CIS?
You don’t legally have to use an accountant, but CIS [...]
How does CIS affect my tax refund?
Because tax is deducted at source, many subcontractors overpay tax. [...]
Is CIS accounting only for limited companies?
No. CIS applies to: Sole traders Partnerships Limited companies We [...]
What is CIS accounting in the UK?
CIS accounting is the method contractors and subcontractors use to [...]
What is the CIS VAT reverse charge?
The CIS VAT reverse charge means that the recipient of [...]
Will claiming a CIS refund affect my future payments?
No, claiming a refund for tax already deducted does not [...]
Do I need an accountant to claim my CIS refund?
While it's not legally mandatory, engaging a specialist CIS Accountant like Worthwhile Accountancy [...]
What if I don’t have all my CIS statements?
It's crucial to obtain these. You should contact the contractors you [...]
Can I claim a CIS refund for previous tax years?
Yes, generally, you can claim a CIS tax rebate for up to [...]
How long does it take to get a CIS refund?
For online Self Assessment submissions, HMRC typically processes refunds within [...]