CIS & Construction guide

HMRC Form CIS300: Construction Industry Scheme & Monthly Returns Guide

FORM CIS300Statutory basis: Finance Act 2004, Chapter 8; Income Tax (CIS) Regulations 2005 (SI 2005/2045)
ac-co.ai Teamac-co.ai Team · Editorial TeamUpdated 3 min read
Statutory Tax Year:
2024/25 (Filing Season)
Online Filing Due31 January 2026
VAT Threshold£90,000 (from 1 Apr 2024)
Personal Allowance£12,570
Dividend Allowance£500
CGT Exemption£3,000
MTD StatusVoluntary HMRC Testing

Statutory context: Cash basis default for sole traders; Class 2 NICs abolished; VAT threshold lifted to £90,000.

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CIS deducts 20% (registered) or 30% (unregistered) from a subcontractor's labour income as an advance on tax — most subcontractors are owed a refund once expenses and the Personal Allowance are applied at Self Assessment (gov.uk). This calculator estimates the refund due.

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The Construction Industry Scheme (CIS) is a statutory withholding tax regime established under Chapter 8 of the Finance Act 2004 and the Income Tax (Construction Industry Scheme) Regulations 2005 (SI 2005/2045). Under CIS, contractors in the construction sector deduct statutory advance income tax and National Insurance from payments made to subcontractors and remit those funds directly to HM Revenue & Customs.

Managing CIS compliance requires strict verification protocols, precise labor-versus-materials apportionment, monthly reporting on Form CIS300, and adherence to rigid statutory penalty rules.

Who Falls Under CIS? Contractors vs Subcontractors

The statutory scope of construction operations under Section 74 of the Finance Act 2004 is broad, covering site preparation, building, alteration, repair, demolition, electrical installation, and plumbing:

  1. Mainstream Contractors: Any business that pays subcontractors for construction operations.
  2. Deemed Contractors: Any business or property developer outside construction that spends more than £3 million on construction operations across any rolling 12-month period.
  3. Subcontractors: Self-employed sole traders, partnerships, or limited companies engaged to carry out construction work for a contractor.

Statutory Verification & The Three Deduction Rates

Before paying any subcontractor for the first time, the contractor has a mandatory legal obligation to verify the subcontractor with HMRC. HMRC returns the subcontractor's statutory tax treatment:

Deduction StatusStatutory RateVerification CriteriaDeduction Application
Gross Payment Status0%Passed statutory turnover test (£30,000+ per director), business test, and strict compliance testPaid gross; subcontractor pays tax via Self Assessment or CT600
Standard Deduction20%Registered with HMRC under CIS with valid UTR numberDeducted strictly from the labour component of the invoice
Higher Deduction30%Unregistered with HMRC, unmatched UTR, or failed verificationDeducted from the labour component at the penal 30% rate

The Labour vs. Materials Apportionment Rule

CIS deductions apply strictly to the gross amount minus legitimate materials costs incurred by the subcontractor.

  • Deductible: Plant hire, raw building materials, consumable tools, prefabricated components purchased by the subcontractor.
  • Subject to CIS deduction: Direct labour, travel costs, site supervision, and subcontractor overheads.
  • Statutory Trap: Deducting CIS from the entire invoice without carving out verified materials is unlawful and deprives the subcontractor of working capital.

Monthly Form CIS300 Filing & The 19th Deadline

Under Regulation 4 of SI 2005/2045, contractors must file Form CIS300 every calendar month:

  • Period covered: The tax month running from the 6th of the previous month to the 5th of the current month.
  • Filing deadline: Must reach HMRC electronically by 11:59pm on the 19th of the month.
  • Payment deadline: Cleared funds must reach HMRC by the 22nd (if paying electronically) or the 19th (if paying by post).
  • Nil Returns: If no subcontractor payments were made in a tax month, a Nil Return must be filed by the 19th to prevent automated penalties.

Payment & Deduction Statements (PDS)

Under Regulation 8, contractors must provide a written Payment and Deduction Statement (PDS) to every subcontractor from whom tax was withheld by the 19th of the month (within 14 days of the tax month end). Failing to provide statements exposes contractors to statutory civil penalties of up to £3,000.

Severe Late-Filing Penalties (Schedule 55 FA 2009)

Unlike Self Assessment where penalties escalate slowly over 12 months, CIS late-filing penalties apply aggressively from day one:

  • 1 day late (the 20th of the month): Automatic £100 penalty.
  • 2 months late: Further £200 penalty (£300 total).
  • 6 months late: Further penalty of the greater of £300 or 5% of the CIS deduction on the return.
  • 12 months late: Additional penalty of the greater of £300 or 5% of the CIS deduction.

Cumulative Danger: Because returns are monthly, a contractor who falls 6 months behind on returns faces thousands of pounds in fixed penalties regardless of the actual tax amount owed.

How Subcontractor Companies Reclaim Deductions

When a limited company acts as a subcontractor and suffers CIS deductions:

  1. The company offsets the CIS suffered against its own monthly PAYE, employee NIC, and CIS liabilities via the Employer Payment Summary (EPS) under RTI.
  2. If total CIS deductions suffered exceed the company's total payroll liabilities for the tax year, the company applies to HMRC after 5 April for a direct cash tax refund.

How ac-co Powers Automated CIS Compliance

ac-co automates the entire CIS contractor and subcontractor cycle:

  • Directly verifies subcontractors against HMRC's CIS database via real-time API.
  • Automatically calculates 20% or 30% deductions on the labour portion of bills while preserving materials costs.
  • Generates compliant PDF Payment and Deduction Statements and emails them to subcontractors automatically.
  • Submits Form CIS300 directly to HMRC's API before the 19th and handles corporate subcontractor EPS offset claims.
FAQ

Questions people actually ask.

What is the statutory deadline for submitting Form CIS300 each month?

Form CIS300 must be submitted to HMRC by the 19th of each calendar month, covering payments made in the tax month ending on the 5th of that month (e.g. for payments made between 6 April and 5 May, the return is due by 19 May).

What are the three statutory CIS deduction rates?

Under Chapter 8 of Finance Act 2004, the three deduction rates are: 0% (Gross Payment Status for verified businesses passing the turnover and compliance tests), 20% (Standard rate for registered and verified subcontractors), and 30% (Higher rate for unverified or unregistered subcontractors).

What happens if a contractor makes no payments to subcontractors in a month?

Contractors must submit a 'Nil Return' by the 19th or notify HMRC that no payments were made. Failing to submit a nil return or notify HMRC can trigger automatic £100 late-filing penalties.

What is a Payment and Deduction Statement (PDS)?

Contractors are legally required to provide written Payment and Deduction Statements to every subcontractor who suffered a CIS deduction within 14 days of the end of the tax month (by the 19th of the month). Subcontractors need these statements to claim tax credits.