Company CIS Refunds

HMRC have a new online form for companies acting as subcontractors who need to reclaim CIS tax.

A company operating as a subcontractor in the Construction Industry Scheme (CIS) can offset any CIS tax deducted from it against PAYE liabilities when submitting Employer Payment Summaries (EPS) under RTI reporting.

If the CIS deducted exceeds the PAYE, a repayment can be claimed.

The repayment used to be claimable in writing or by telephone to the Employers Helpline, but now there is an online form which can be completed after the final EPS and Full Payment Submissions (FPS) for the tax year have been filed.

The form can be accessed here, by signing in to your government gateway account.