Team Construction

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Overview:

Team Construction provides business solutions for ‘construction industry’ contractors and sub-contractors which are fully compliant with the Construction Industry Tax Deduction Scheme. These services are specifically designed for both new and established contractors, sub-contractors, sole traders and partnerships holding CIS 4, 5 or 6 and offer a number of tax and NI advantages.

Can you continue to pay CIS Card Holders Directly?

The Chancellor, in collaboration with various Tax Departments, is making it tougher for contractors to remain self employed and converting workers on CIS cards that they deem ‘Employed’ to a PAYE basis. The knock on effect of this is that the employing company/ end user may have to pay fines and then convert the worker to employee. The worker is forced to take home less money while the company has to make Employers NI contributions of 12.8%, as well as taking employment liability. Not an ideal situation!

The second issue, which remains a threat regardless of CIS and tax regulations, is the working Time Directive or Holiday Pay. It is a serious problem and unless addressed properly, the company can be liable to pay an extra 8.33% of income to each worker.

Team Construction Provides the Solutions!

Engaging sub-contractors via TEAM CONSTRUCTION puts a “firewall” between contractors and sub-contractors. There can be no claim for Holiday Pay. The Inland Revenue cannot reclassify the sub-contractors as PAYE. It drastically reduces CIS admin and payroll overheads, there are no minimum numbers – and it will even save your clients money!

Team Construction LTD:

Kings House Business Centre
Home Park Estate
Station Road
Kings Langley
Herts
WD4 8DH

Tel: +44 (0)845 620 9268
Fax: +44 (0)845 620 9269

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