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New Year pack for New Construction Industry Scheme

Contractors will receive a bumper New Year’s package of help this week as they prepare for the launch by HM Revenue & Customs (HMRC) of the new Construction Industry Scheme (CIS) in April.
With just three months to go contractors are making their final preparations. The comprehensive pack includes everything they need. It includes copies of key forms, step-by-step instructions for what contractors must do and helpful tips.
The pack helps contractors:
• Understand the importance of knowing the employment status of their workers so they can sign a declaration on their monthly return confirming the individuals they have paid under new CIS are not employees;
• Know how to tell whether subcontractors are to be paid gross or net (the new ‘verification’ procedure that replaces cards and certificates);
• Prepare to make returns each month; and
• Get ready to produce payment and deduction statements for those subcontractors from whom they have made a deduction, showing how much they have been paid and how much the contractors have deducted.
New CIS Programme Director, Mark de Brunner, said:
“Contractors now need to make their final preparations for the April changes to the Construction Industry Scheme. There’s plenty of help and support for them – in the pack, on our website and over the phone.”
Contractors can get advice and further information from a number of places: the HMRC website, www.hmrc.gov.uk/new-cis, the helpline on 0845 366 7899, Business Support Team seminars, Employer Talk events and Business Advice Open Days.
The National Federation of Builders is also holding a number of workshops around the country at which HMRC’s CIS team will be giving advice about how to prepare for New CIS. Call the training team at the National Federation of Builders on Tel. 0845 057 0041, or visit www.nfbtraining.co.uk

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