We understand that different contacting scenarios require their own dedicated service. That’s why we also offer solutions specific to CIS workers and contractors operating through a limited company. Whatever your situation, we’ve got you covered.
Contractors such as plumbers, carpenters and bricklayers can be eligible for the scheme. Umbrella.co.uk have a compliant job matrix and can liaise direct with agencies to check eligibility.
Contractors require a UTR [Unique Tax reference] number, which is issued when they register for the scheme and will be required to complete a year-end tax self-assessment.
There is a dedicated helpline for this service – Contact HMRC direct on 0300 200 3210
To be paid CIS by Umbrella.co.uk you have to initially be registered as self-employed with HMRC.
To register as Self-Employed you need to visit the HMRC website at www.gov.uk/register-for-self-assessment. At the same time, you should also be able to register for the Construction Industry Scheme (CIS).
To register as a subcontractor you must have a National Insurance number. If you do not have one please contact the Department for Work and Pensions on Tel 0800 141 2075.
You will then receive a Unique Tax Reference (UTR) which is a 10-digit number.
If you are a skilled tradesman who is registered self-employed, there is a downside in that you will relinquish your right to such things as holiday pay and sick pay, which as an employee being paid PAYE would be a statutory right.
On the upside, those self-employed currently pay a lower class of National Insurance and have the option of offsetting expenses such as travel and equipment in their year-end tax return.
New legislation requires agencies and end clients to be extra diligent in determining if a role fits within the scheme. This means that they check whether the individual doing the work will fall under the end hirer’s supervision, direction or control. If so, the individual cannot be paid CIS, and must be processed via PAYE [Pay As you Earn] This means that on occasion CIS self-employed workers may move from CIS on one job to PAYE on another.
The process of getting paid as a CIS Contractor is easy and looks a little something like this…
We will invoice your agency on a weekly basis. We will then pay you based on the monies received from your agency, less tax and our weekly margin.
Your pay will be paid into your bank account on a weekly basis.
Our onboarding team will arrange access to our online portals where you can view and download your payslips and access Umbrella Rewards.
We understand that different contacting scenarios require their own dedicated service. That’s why we also offer solutions specific to CIS workers and contractors operating through a limited company. Whatever your situation, we’ve got you covered.
If you’d like to speak with any of our team about our CIS solution, we’re always more than happy to help.