Our solution to get you paid faster, compliantly and on time whilst you work within the construction industry.
The Construction Industry Scheme (CIS) is a tax deduction scheme where tax is taken at source for work related to construction.
As a self-employed person, you make a yearly tax payment to HMRC via self-assessment. When working within the Construction Industry Scheme you may have tax deducted from the payments you receive. These deductions are credited by HMRC onto your personal account as credits for future tax you owe. The amount of tax deducted is determined by the level of CIS tax verification you have at the time the work is carried out. You may qualify for no deductions if you have gross payment status.
With giant sitting in the contract chain between you and your agency / hirer, you can have peace of mind that the correct amount of tax deductions are made. This means that when it comes to completing your self – assessment there are no surprise tax bills!
With giant CIS, not only do we offer a highly competitive margin, but we aim to get you paid faster than any of our competitors. Click here to contact a member of our team.
your insurance package
- professional indemnity £5million per any one claim
- public liability £5million per any one claim
- employers liability £10million on any one occurrence
If for any reason you do not want to be self-employed through the CIS scheme for a particular assignment then giant umbrella, our straightforward PAYE solution, is for you.
Our umbrella service is designed to be simple, paperless and hassle-free. We ensure that you receive the right level of support when on assignment, take care of all PAYE tax deductions, give you pension planning options and provide you with a mobile 1st portal so you can easily access your data.