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Working on a CIS payment and deduction statement may seem daunting. Fortunately, this guide can provide you with the confidence to work on your construction industry scheme payment and deduction statement. You will also gain the essential knowledge that will ensure compliance and streamline your processes. What is a Construction…

Manually managing payroll is no longer viable if your business seeks growth and efficiency. Automated payroll systems provide you with a solution to streamline processes and cut unnecessary expenses. With the right system in place, you can: Eliminate repetitive manual tasks Reduce costly errors Ensure compliance with regulations, such as…

The construction industry is full of financial and tax-related responsibilities, especially for contractors and subcontractors operating under the Construction Industry Scheme (CIS). One of the most essential obligations is the submission of a CIS deduction statement. These statements ensure compliance with Her Majesty’s Revenue and Customs (HMRC) while also making…

Managing payroll for your construction agency can be daunting. Fortunately, you can simplify many of these challenges with our construction agency payroll software. This tool will help you automate your processes, reduce errors, and improve efficiency. In this article, you will learn the benefits of Primo Umbrella payroll software specifically…

How does CIS payments work? The Construction Industry Scheme (CIS) is essential for contractors and subcontractors. This scheme mandates that contractors deduct money from subcontractors’ payments and submit it to HMRC. These deductions are advance payments toward the subcontractor’s tax and National Insurance. CIS payments also involve knowing the specific…