Designed to work with your Sage accounts software* to help construction businesses of all sizes keep up to date and compliant with the Construction Industry Scheme (CIS)
The Construction Industry Scheme (CIS) means you need to submit monthly information to HMRC before deducting tax from your subcontractors’ pay, as well as producing monthly statements for them.
Sage 50 CIS will help save you time, reduce your paperwork and keep you keep compliant.
Without generating endless paperwork it helps you to:
Record subcontractor information
Manage the verification of subcontractors with HMRC
Manage the submission of subcontractors Monthly Returns to HMRC
Automate monthly Payment Statements to subcontractors
What's more, HMRC have successfully tested and recognised Sage 50 CIS to both submit the Monthly Online Tax Return (CIS 300) and perform electronic verification of subcontractor information.
Choose Sage 50 CIS if:
You want to be confident you are complying with CIS legislation
You want to reduce the amount of paperwork generated through manual reporting
You want a system that works with your Sage accounting software*
You want to save time verifying your new subcontractors
You want to manage your subcontractors' tax efficiently
* Please note: Sage 50 CIS only works with Sage 50 Accounts 2007 and above.
Top Features
Make sure your calculations are correct By recording the right information, you can ensure that you’ll deduct the correct tax rates and reduce the risk of being fined.
Speed up your processes You can save valuable time verifying new subcontractors by emailing information directly to HMRC.
Some things will just come automatically Sage 50 CIS will automatically produce and check monthly tax returns, and produce your monthly sub-contractor payment statements.
Make you life easier Securely store your Government Gateway account and subcontractor information in one place.
Store details and stay safe Keep a record of all transactions and automatically capture your CIS tax details.
Sage 50 CIS
