Taxation of the construction industry has undergone many changes over the last 40 years. During the 1960's, it was infamous for its tax evasion with many individuals being paid cash in hand while at the same time supplying fake personal details to their foreman. There was simply little hope for the tax authorities to trace these individuals; therefore they launched the Construction Industry Scheme in the Finance Act of 1971. The Scheme has gone through a few different reforms over the past few years with the current version having been introduced in April 2007.

The Scheme places obligations on Contractors - those who engage labour for construction work - to ensure that tax obligations are met, with failure carrying very significant financial penalties.

CIS Solutions for Contractors:

A Freelance World CIS solution not only makes the administration of payments under CIS easier for the Contractor, it completely removes all risk of the Subcontractors being considered as being "employed". We have many years experience of employment status and have developed a rigorous system to check each Subcontractor and then ensure they operate through the correct method. Only Subcontractors who can demonstrate true self-employment are eligible to work through our sole trader model, while those who cannot are employed through our umbrella company.

FREELANCE WORLD CIS
BUILDING A PROTECTED WORKFORCE

If the freedom and flexibility of a Freelance World CIS solution appeals to you, why not call a member of our new business team on 01224 585 599 or email them on enquiries@freelanceworld.net.

They will take you through our free DNA (Desires and Needs Assessment) process, a fact finding exercise to ensure you have the right information in front of you to make the right decisions to suit your lifestyle needs.

If you have any queries you would like to chat over with someone live over the internet please use our livechat link

Find out why working through your own limited company can minimise your tax and maximise your income with Freelance World.

Be sure you have the right information at your disposal to ensure you understand how to run your own business efficiently.

At Freelance World, compliance underpins everything we do across all aspects of our business.

• A range of flexible solutions to fit all sizes and shapes
• Set-up process that’s one of the fastest in the industry
• Guaranteed turnaround and response times or your money back
• IR35 and tax advice

An umbrella solution is a risk free solution that can have you trading in a matter of hours.

Enjoy all the benefits of being an employee with none of the burden of running your own business!

An umbrella company works well for many contractors, but do you understand the alternatives?

• Dedicated account manager
• CIS registered
• International capability

Working overseas means you need to understand your tax obligations in the country you are working in as well as in the UK.

A Freelance World international solution means working overseas needn't be taxing!

As an employee of our Norwegian umbrella company you can have total peace of mind that all your UK and Norwegian tax is being deducted and paid on time every time.

• Payroll payments to any bank in any currency
• Global insurance cover
• In-country Banking, Taxation and Contractual advice
• Fast and efficient set up

What is CIS and how does it affect the construction industry?

Remove the administrative hassle of CIS with a Freelance World solution.

Get paid on time, every time, guaranteed with our CIS solution

• Automatic deduction of CIS taxes due
• Competitive insurance to protect your business and personal affairs
• Discounted Self Assessment tax returns
• Dedicated Account Manager