QIS Construction - learn more
With our CIS registered contractor company you will get :
- Instant set-up. Ready to invoice as soon as your application is approved.
- Your payment processed the same day as funds are received from your end-client.
- SMS sent to your mobile when payment is made to you.
- Assistance with your self-assessment tax return at the end of the tax year for a modest fee.
Our CIS service offers you a simple, efficient and compliant way to maximise your net earnings, helping you to simplify your personal affairs and allowing you to concentrate on the work you do and the clients you do it for.
Call us now on 0333 880 4088 to discover what your financial benefits could be.
Being self-employed gives you the freedom to manage your own business, allowing you to work when you want and choose your own clients. Our CIS service is only suitable for genuine self-employed subcontractors working in the construction industry. We will work closely with you to establish your employment status on your various assignments. As a self-employed subcontractor you are responsible for the management of your financial and tax affairs, which includes things such as National Insurance contributions and overall tax liabilities. We make CIS deductions according to the CIS tax rates that HMRC supply for you. For further information on self-employment, please visit the H M Revenue & Customs website.
You qualify for our CIS service if:
- You are genuinely self-employed.You are registered under the Construction Industry Scheme (CIS).
- You want the benefit of legal tax efficiency in a cost-effective solution.
- You want a service that is quick to set up and operates only when you require it.
Our key CIS service benefits
- We charge £15 (inclusive of Public Liability insurance cover) for each invoice raised on your behalf.
- If you do not work, there is no fee.
- There is no joining fee, no termination fee and no minimum contract period.
- You get a service that meets your end-client's requirements.
- We liaise with your end-client and provide them with all the necessary documentation required.
- You have access to all your contract, invoicing and payment information via our web-site portal.
- Your remittance advice is emailed to you the moment we process your payment and you receive an SMS to your mobile phone.
- We make payments via the Faster Payment system which means you have access to your funds on the day we remit them (only for participating banks).
- We can advise on your self-employment status for each assignment that you take.
- We provide Public Liability insurance cover.
- We can assist with your self-assessment tax return at the end of the tax year.
What do you need to do?
- Complete the simple application form and mail it to us.
- We will be ready to invoice on your behalf as soon as we have validated your CIS status with HMRC.
- We will send you a 'Welcome on Board' pack that will include your contract of service which you will need to sign and return.
- If you are contracting for the first time tell your end-client or agency that you are going to be working through QIS Construction Limited.
- Provide us with their details and we will forward all necessary documentation on to them.
- If you already work with an agency on their PAYE system then tell them you wish to offer your services though us. We will liaise with them to ensure a smooth and efficient change in your status, and deal with any contractual changes.
- Then simply work as normalĀ - you or your end-client will need to advise us of your billing details by telephone, fax or email to enable us to raise the appropriate invoice on your behalf.
How do you get paid?
- On receipt of authorised billing information, we will invoice your agency or end-client for the time you have worked.
- On receipt of our invoice, your agency will make payment to us through the BACS system (the UK's electronic banking system).
- We will then process your payment, deduct the necessary CIS tax and our fee and then transfer your money to your account.
- You will have immediate access to your cleared funds through most High Street banks (using Faster Payments), otherwise you will be paid by BACS which normally takes between one and three working days to clear in your account.
- On the day your payment is processed we will send you an SMS message advising you when the funds will be available to you.
- A remittance advice and tax advice will be sent to you either by post or by email (whichever you prefer) for each payment.
Our commitment to you
- We undertake to advise both you and your end-client of any change in compliance or guidelines issued by HMRC relating to our service.
- Our experienced staff members are trained to answer your queries promptly and accurately.
- We pride ourselves on our high level of service, however should you be unhappy with any aspect of our service we undertake to look into the issue and deal with it immediately.
- We guarantee that there are no hidden fees or charges, all you pay is the £15 fee per invoice.
Anything else?
Our CIS service complies fully with all HMRC requirements. As a self-employed subcontractor, you are responsible for the management of your financial affairs, which includes things such as National Insurance contributions and overall tax liabilities.