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To cater to the rising demand for CIS payroll specialists, Churchill Knight is delighted to announce that we have officially launched Churchill Knight CIS – a compliant and efficient payroll service to cater exclusively to self-employed professionals working in the construction sector.
The government introduced the Construction Industry Scheme (CIS) to help ensure that contractors and subcontractors in construction pay the correct taxes. Churchill Knight CIS, as the name suggests, is a service created for self-employed professionals working in construction. By registering with us, we act as the contractor and will send our clients’ gross pay to their personal bank account, minus a small margin and 20%* tax sent directly to HMRC on account.
All our clients need to do is conduct their work as usual and record the hours they complete (and share this information with the supply chain). We will ensure they are paid efficiently and compliantly – it is as straightforward as that.
Churchill Knight CIS clients must complete and submit a self-assessment tax return to pay their National Insurance Contributions (Class 2 and Class 4) and any additional tax due at the end of each tax year. However, construction workers who can claim expenses often welcome tax returns because it means a tax rebate may be on the cards.
Every Churchill Knight CIS client will have access to a discounted self-assessment tax return with our parent company, Churchill Knight & Associates Ltd – adding further value to our CIS payroll service.
Ciaran Woodcock, a director at Churchill Knight Umbrella, explains why Churchill Knight CIS^ is a valuable service to both construction workers and recruitment agencies placing CIS workers. He said:
“We have noticed a rise in the number of self-employed construction workers seeking a specialist CIS payroll provider to help them operate compliantly within their field and to ensure they are paid on time. Our in-house Sales Team regularly receive calls from construction professionals looking for payroll advice, and we have received plenty of queries from our partnered agencies – asking if CIS payroll is something we can offer their candidates.
In response to the rise in demand for CIS payroll, I am happy to announce that Churchill Knight Umbrella has launched Churchill Knight CIS – a payroll service designed exclusively for self-employed professionals working in construction. I am confident that our in-house payroll experts will provide an excellent value service like no other, and construction workers will not look back when they register with us.
I am also excited that we can offer our CIS payroll clients more than just payroll. Our parent company, Churchill Knight & Associates Ltd, are tax experts, and every year, the team completes and submits thousands of tax returns. All our CIS clients will have access to preferential rates for their end-of-year self-assessment tax return – something I am confident they will be exceptionally grateful for.
I cannot wait to welcome construction workers to Churchill Knight and contact our recruitment agency partners who place CIS candidates. Churchill Knight CIS will ensure workers are paid compliantly and on time, and it will help agencies move forward with confidence, knowing they can place temporary workers in construction assignments with the backing of a specialist, compliant payroll provider.
This is the start of an exciting chapter at Churchill Knight, and I am looking forward to seeing it develop.”
To learn more about Churchill Knight CIS and the many benefits available to self-employed professionals working in the construction sector, please click here. If you would like to request a free tailored take-home pay calculation, please call our friendly Sales Consultants on 01707 938743 or message them via the form on this page.
We also work closely with many of the UK’s largest and most-established recruitment agencies. If your agency places candidates in the construction sector and you’re interested in learning more about Churchill Knight CIS, please get in touch with our Agency Support Department at 0808 2525533. There are many benefits to referring your candidates to Churchill Knight CIS, including supply chain compliance and efficiency.
* Churchill Knight CIS will send 20% tax to HMRC on account for workers who are CIS registered and have a verified Unique Tax Reference (UTR). If a worker does not have a verified UTR, we are legally required to send 30% tax to HMRC on account.
About Churchill Knight
Founded by an IT Contractor in 1998, Churchill Knight has become one of the most respected contractor accountants in the UK. We’ve helped over 20,000 contractors with their accountancy requirements. As well as our accountancy services, we also have an industry-leading PAYE umbrella company and dedicated in-house personal tax department. Whichever service you choose, you can move forward with complete peace of mind. We are proud of the reputation we’ve built over the years, and our FCSA accreditation proves how committed we are to compliance within our sector. Keep reading…
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