Author: OUWGPJmuMO

CIS Tax Deductions

If you’re a self-employed subcontractor, it’s essential that you are aware of CIS (Construction Industry Scheme) tax deductions. Before you are paid for your new job, you will be asked by your contractor for your UTR (Unique Tax Reference Number). This refers to a 10-digit number which you would have received from the HMRC upon […]

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CIS Tax Return

Completing your tax return can be one of the most stressful situations that anybody in the building sector faces. Before completing your self-assessment, understanding CIS tax returns is absolutely vital. What Is CIS? CIS is an acronym that stands for Construction Industry Scheme. It is a programme that sees contractors deduct money from the wages […]

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What Is The CIS Scheme?

This guide is for companies that are involved in construction activities, and which may be required to register with HMRC as a subcontractor or contractor under the Construction Industry Scheme (CIS). Please remember that companies that have a high yearly spend on construction will be caught by the idea, even if their main area does […]

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What Are Contractor Mortgages?

Contractor Mortgages are specifically for the following types of contract worker (These can be in any industry): Self-employed contractors with six months or more working history Employed contractors with previous experience Contractors/employees of parent businesses Zero hours contracts with six months working history Agency workers with at least a years history. If you happen to […]

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CIS Mortgages

We find that some clients have trouble to borrow the mortgage they need because they don’t have three years worth accounts? Written off costs and declare a low net profit? With Construction Industry Scheme (CIS) mortgages, you can use the overall income on your pay slips rather than your business accounts. To get considered for […]

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Who Do We Help????

How to Increase Your Chances of Getting a MortgageIf you are self-employed, mortgage options can be somewhat limited. There are plenty of self employed mortgage options out there, but different companies have different criteria. Following these tips can help you secure a low rate mortgage to purchase a home. Start planning and preparing now, and […]

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