Accountant meeting with business partners

Accounting work for subcontractors

As a subcontractor, it’s important that you get your tax returns filed on time. Talk to the team at Bentley Accountancy in Stockton-on-Tees. We provide accounting services for subcontracting businesses. 

On-time tax return submissions

At Bentley Accountancy, we recognise the importance of submitting tax returns on time. If you pay CIS tax every time you get paid, you may be entitled to a tax refund. Our goal here is to offset any work-related expenses you have, in order to help secure a bigger income tax refund. We do not charge a percentage of your tax refund and always charge the same low fixed fee, regardless of how much you are owed.

What is the CIS tax system?

Construction Industry Scheme or CIS tax requires contractors to withhold tax from their subcontractors at the point of payment. Contractors are required to report any deductions every payroll month, and pay the right amount to HMRC, while registered or self-employed subcontractors are required to submit a tax return each year.

Our aim here is to ensure that you file your returns on time, while also receiving any refund of income tax, if applicable. 

Our subcontractor accounting services

  • Preparation of annual accounts
  • Self-assessment tax returns
  • CIS tax refunds (claim back any overpaid CIS tax)
  • Contractor CIS filing, including monthly return filing
  • Payroll management
  • VAT services
  • Bookkeeping