Construction Industry Scheme repayment
The first guide Construction Industry Scheme (CIS) repayment claims for limited company subcontractors is a two page factsheet that answers key questions that will assist subcontractors in speeding up the repayment process. It looks at:
•registering as a subcontractor
Two of the key questions answered in the guidance in the repayment section are:
•The company has other HMRC liabilities. Will this affect my repayment?
•What information will I need to provide to have my repayment set off against other liability?
Further guidance to support repayment claims will be published over the next few weeks.