CIS in a changing industry

Are you ready for digital records?

 

Mills & Co have over 11 years working with clients from the Construction Industry from contractors to sub contractors on their CIS affairs.  A recent ICAEW report found that 45% of the construction and manufacturing industry still rely on paper records, BUT starting from April 2018 there is a proposed introduction of compulsory requirements to keep digital records.

 

Cloud accounting software

 

For a lot of businesses this will cause a large upheaval, but we can offer access to Kashflow online software which can be accessed from computer, tablet or phone, which will not only mean that you are digitally compliant, but reduce the burden of bookkeeping and give you more control over your business finances.

 

Kashflow can be accessed from anywhere, bank feeds can automatically draw information from your online banking, it can do your invoicing and quotes on site at clients premises and be emailed instantly, not only saving on paperwork, but also Kashflow has been designed to be easily useable for any user, rather than a complicated program for accountants.

 

More information on Kashflow Cloud Accounting Software

How can we help?

• Assistance with registration for CIS as a contractor or sub contractor with the HM Revenue & Customs.

 

• Priority completion of self assessment return if you are a sub contractors who's deductions are made at 20% and you are likely to have a refund at the year end. Completion of CIS monthly returns for contractors.

 

• For limited companies, who are subcontractors, ensuring that any CIS tax deducted is claimed against the PAYE liability for the year.

 

 

• We offer free access to award winning cloud based bookkeeping software to our limited company clients (usually £120 plus VAT per year).  Discover with a free 14 day trial today of our Cloud Accounting software, with no bank details required.

 

• Free completion of monthly payroll for up to 2 directors, including electronic submissions to the HM Revenue & Customs, usually charged at £120 per year.  This is available to all of our pay monthly limited company clients.  Find out more about our Payroll services.

 

• Offer tax investigation insurance from a market leader (find out more details here).

 

Try Kashflow for FREE

We can offer a no obligation trial to this cloud based bookkeeping solution, with no requirement for bank details.

Mills & Co Chartered Certified Accountants
16 Trinity Square | Llandudno | Conwy | North Wales | LL30 2RB

Telephone
01492 862865

Email
info@millsco.co.uk

Mills & Co Accountants

Mills & Co Chartered Certified Accountants
16 Trinity Square | Llandudno | Conwy | North Wales | LL30 2RB

Telephone
01492 862865

Email
info@millsco.co.uk

Mills & Co Accountants