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CIS Tax Return Accountant in Romford
from £249
Get your tax return completed with clear fixed-fee pricing agreed before work starts.
Tax Return
Submission to HMRC
Qualified Accountants
There are penalties for late submissions
CIS tax return and refund support
Taxcandid helps CIS subcontractors and construction workers prepare Self Assessment tax returns, report CIS deductions, claim allowable expenses and review potential tax refunds.
- CIS deduction review and Self Assessment filing.
- Expense review for tools, travel, mileage, phone and other construction-related costs.
- Support where returns are late, missing or involve multiple contractors.
Our Accreditations
tax return
Who Needs to Submit a CIS Tax Return? ?
CIS stands for construction industry scheme. In this scheme the contractors (employers of CIS workers) need to deduct 20% or 30% of CIS tax before paying CIS subcontractors/workers.
- Higher rate of 30% CIS tax is deducted forCIS subcontractors who are not registered for self-employment with HMRC
- 20% CIS tax is deducted for CIS Subcontractors registered for self employment and have a UTR.
HMRC wants to ensure that the CIS workers pay their tax to HMRC and that is the reason they want to hold tax upfront
CIS contractors than compelete their tax returns and claim the excess income tax paid as a refund.
Type of Tax Returns
Each taxpayer is required to submit tax return based on their personal situation.
Clear fees before work starts
Get a fixed-fee quote for CIS tax returns
Taxcandid provides fixed-fee support for Romford, Dagenham, Rainham and Hornchurch. Use the pricing guide to compare typical fees, or answer a few questions for a tailored online quote.
Who might need a tax return?
As a general rule of thumb, if you have untaxed income you may have to pay tax and submit a tax return in UK.
What is a Tax return
Tax Return for business or corporation tax return for a company is declaration of income to establish tax position for HMRC. The tax is required to be paid by specific date and its different for businesses and companies. It is vital to ensure a timely submission and payment to avoid penalties, interest and surcharges.
Why I need Payroll
Extracting money from a company or paying staff from business requires running of payroll. It means that when staff are monthly/weekly paid, their PAYE real time information RTI are submitted to HMRC to report the payments. Providing pension to staff under auto enrolment pension duties is essential. employers must deduct pensions from employee's pay and keep it with pension providers.
Why I need VAT Service?
When a business has a turnover of more than £90,000 in 12-month period HMRC requires them to register for VAT once the current threshold is exceeded. Once registered under making tax digital MTD, quarterly VAT returns must be submitted to HMRC. Businesses can voluntarily register for VAT as well if needed.
Take your business to the next level, you focus on your business and let us assist you with the numbers as as accountants near you
Get tax return submitted
with confidence
We have setour pricesto allow fair pricing that reflects the work involved and benefits you.
Often when you think my income is exempt, better ask us so we may guide you and save you a long term hassle. We are local accountants for tax returns in Romford, Essex and surrounding areas.
Our experienced team has 10+ years’ accounting and tax experience, helping clients understand business structures, tax responsibilities, compliance deadlines and the records needed to stay organised.
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