As part of our offering My-CIS offers a complete range of services to our clients, including the below:
- We verify each sub-contractors UTR with HMRC
- We ensure that each sub-contractor retains their self employed status
- We deduct 20% tax from each payment if at standard rate (30% if on the higher rate)
- We handle all of the administration (invoicing/statements, etc)
- We make monthly tax declarations to HMRC for each sub-contractor
- We provide each sub-contractor with full Employers and Public Liability Insurance
- We protect each sub contractor from the risks of late penalty charges by processing their returns
