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CIS Payments

What is the construction industry scheme
The Construction Industry Scheme (CIS) collects tax at source for construction work. As a self-employed individual, you pay your taxes annually via a self-assessment. When working under the CIS your payments have deductions, which are credited to HMRC for your future tax liabilities.

The deduction amount depends on your CIS tax verification level – typically this tends to be a deduction rate of 20% or 30% and will depend on if you have registered your UTR number.  

We will verify your UTR number with HMRC when you register with us, and we will apply the necessary deductions.

Agencies - are you looking for support?

Chronos can process payments to CIS sub-contractors saving you time and money.

With our CIS gross status and many years’ experience with contractors we are well placed to provide the best service.
We can also help contractors with their accounts, self-assessment, registering for VAT and with HMRC.

Fast, online onboarding

No tie-ins or minimum contracts

£10m+ insurance cover

Same day payments

Experienced & helpful team