CIS
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What is the Construction Industry Scheme and how does it work?
“Tax is the price we pay for civilisation,” wrote Oliver Wendell Holmes over a century ago. In the construction industry, however, tax often feels less like a civil duty and more like a minefield. The Construction Industry Scheme (CIS) is one of those areas that sparks confusion among contractors and subcontractors alike. At Zeus Accountants, we’ve had countless conversations with clients who ask the same thing: what exactly is CIS, and how does it affect me? Let’s walk through it together.