CIS (Construction Industry Scheme)
GIFCO partner with payroll services, hirers and contractors in construction, rail, and engineering.
Hirers & agencies save time and cashflow while contractors get the scoop on tax-friendly pay and lifestyle perks. In the world of assignment led labour, GIFCO step in, ensuring compliance and protection for everyone in the supply chain.
GIFCO provides accounting services, offering sector-specific tax and accounting guidance, along with access to independent legal and financial advice for subcontractors running their own Limited Company registered with HMRC under the CIS Scheme. We assist with registering for and adhering to all statutory responsibilities as a Director of your own Company under the CIS scheme, and our advanced technology platform simplifies everything.
GIFCO provides assistance to self-employed sole traders who work under the CIS scheme. Our services include aiding workers in CIS registration, handling gross payments, and ensuring accurate deductions according to your status. To comply with all applicable legislation, GIFCO conducts thorough Supervision, Direction, and Control (SDC) assessments for each assignment, giving both recruiters and workers assurance that income is taxed correctly. Additionally, we offer support in completing your SATR.
GIFCO offer a simple, convenient PAYE payroll solution for individuals working within CIS projects, where agencies and end clients require an intermediary registered for CIS, but where the worker is unable to pass an SDC assessment for their assignment, or where an agency/end client are unwilling to engage with sole-traders as part of their supply chain.
If you are unsure, please give one of our helpful team a call
We developed GIFCO CIS specifically to work with contractors in the construction industry. Working on a self-employed basis offers you a great deal of freedom and flexibility.
We are a contractor in the CIS scheme and we will, amongst other things, ensure the correct CIS deductions are calculated and paid to HMRC.
Step by step instructions on how to register for CIS so you can get started on site without any delays (or Gifco accountants can help you with this).
Exceptional support - free helpline and experienced staff to give you admin support if you need it.
Ultra slick and super-fast – we make sure you get paid on time, every time.
Invoices raised, CIS deductions made and pay advice delivered weekly.
Personal tax return and accountancy service - GIFCO helps you offset allowable expenses against tax which may sometimes result in a tax refund.
Our weekly margin includes insurance cover for our subcontractors.
Message alerts through our GIFCO app lets you know that your hard earned pay is on its way.
There are no hidden charges like set up or cancellation fees.
