Construction industry scheme

• Details
• Tagged entities

Properties

SES ID

• 454734

Notation

• 454734

In scheme

• Subject

Broader

• Taxation

Definition

• Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC). The deductions count as advance payments towards the subcontractor’s tax and National Insurance.