Trustworthiness
We’re 100% committed to you and your business and building a long-term relationship based on mutual trust and support.
Construction is one of the most critical industries in the
UK and a vital part of the economy. The CIS scheme
applies to payments for construction work.
That means a contractor must make tax deductions from subcontractors and pass them on to HMRC.
However, they must ensure the subcontractors are verified with the taxman for that to happen.
HMRC will then inform the contractor whether to deduct 30%, 20% or 0% tax. You must get it right from day one and meet compliance if you're in the construction business. When you opt for Birdfynn’s CIS accounting services, you’re assured you meet your CIS obligations to HMRC and subcontractors.
We stay on top of your records and manage your CIS scheme compliance process, including preparing and submitting CIS returns, verifying your subcontractors, and providing you with the deduction statements. Minimise the stress that comes with managing CIS accounting with Birdfynn Accountants. Start today!
Scope of our CIS accounting
services
The number of deductions and payments you make is directly proportional to how your subcontractors are set up. Don’t worry - our CIS accountants will gladly sort out everything. Here’s the scope of our CIS accounting services:
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Maintaining subcontractor records
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Verifying subcontractors online with HMRC
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Preparing and submitting monthly CIS returns
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Dealing with claiming CIS deductions if you have overpaid
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Advising on payment obligations and their due dates to avoid any penalties
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Confirming the rate at which tax must be deducted from the subcontractors
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Preparing the required statements monthly or every time you pay your subcontractors
Who we help
Although we serve anyone who needs our help in accounting,
tax advisory,
financial support, and startup planning, we primarily cater to the following:
Why choose
Birdfynn Accountants
Our level of service is unparalleled in the industry. There are five reasons for that:
Proactiveness
We go the extra mile to develop solutions (no one’s ever thought of) that help you save more tax or make more profit in the long run.
Commitment
Our people-first environment fosters loyalty and job satisfaction from a team committed to fulfilling your needs and minimising hassle.
Out-of-the-box thinking
We approach accounting in a fresh and down-to-earth way. We pride ourselves on creative problem-solving skills and a transparent way of working.
Personalization
You’ll always have access to various services designed to enhance your financial operations and/or improve your business or personal wealth.
Technological proficiency is our middle name.
We’re perfectly fine using any bookkeeping software for doing your books.
Proof from long-standing clients who appreciate our professional yet personal approach
With Birdfynn, I feel like I have a strong financial extension for my company. Over the years, Pratik and his team have always been professional and always presented creative solutions to the challenges that come with scaling and growing our company. I can take better care of my business when they're taking care of my accounts.
Yaya Gadon,
Yaya Creative
Pratik and his team helped us from company setup, to accounts preparation, tax returns, as well as R&D tax grants. Pratik is often the first professional we turn to when we are looking at something new. We value their support as strategic advisers and accountants, and we really appreciate the personal service we get from Pratik and the team. A large part of any working relationship comes down to personalities and we've always found them friendly and approachable and we trust them to do the best for our business.
Ghada Abdelshafei,
Back and Front Smart Systems
My company has been a happy client of Pratik for years buying various accountancy, payroll and investment finance related services. Having a ‘one-stop-shop’ with personal service is a luxury for our kind of small, but ambitious start-up. We truly recommend Birdfynn services!
Tiia Sammallahti,
Doobook
Pratik and his team is always happy to go the extra mile for his client. Great knowledge and experience dealing with various accountancy and tax queries. We have been using Pratik for the last few years and will be happy to continue using his services in the future.
Vilma Arlauskaite,
Futureview Properties
Pratik has been an immense support for us since we launched back in 2017. He is trustworthy, sincere, and really knows how to look after his clients. He’s been instrumental in helping us get our accounts in order since we started. His team has helped us with our R&D tax relief, VAT, payroll, and ad-hoc requests that have come in during the years. His friendly approach and calm composed nature is super-helpful in calming any founder or CEOs worries when it comes to accounting. I highly recommend Pratik and his team.
Asim Amin,
Plum Health
We have been using Birdfynn for all our accounting over the past few years, the team is incredibly efficient and responsive which really helps make managing our accounts a lot easier. I would highly recommend Birdfynn to anyone wanting to save time and streamline their accounting!
Oliver Simons,
Eko Films
Frequently Asked Questions (FAQs)
The CIS scheme is a tax deduction scheme that involves tax being deducted at source from payments relating to
construction work and passing it to HMRC. The deductions are considered advance payments towards the subcontractors’ tax and NI.
CIS deductions must be paid to HMRC by the 19th day of the following tax month - running from the 6th day of one month to
the 5th day of the next month. Each subcontractor has to be supplied with a monthly statement of deductions. You must
file a nil return if no deductions have been made.
Simplify your life with CIS
accounting services
Let's explore how working with Birdfynn Accountants can be a big win for your construction business. We’d love to learn more about what you want to accomplish—and why.
