Construction Industry Scheme Fraudsters Caught

One man has been jailed and three others sentenced after attempting to steal £260,000 in fraudulent Construction Industry Scheme tax repayments.  Under CIS, taxes are deducted at source from self-employed people working in the construction sector, meaning that the self-employed workers are paid after tax and the company making the deduction has to pay the […]

What is the Construction Industry Scheme?

The Construction Industry Scheme (CIS) was created by the government to reduce tax avoidance and evasion practices in the construction industry.   In essence, CIS payroll ensures that money is deducted from payments made to self-employed construction contractors in a very similar way to PAYE for employees.   The CIS deductions are paid to HMRC as an […]