CIS and EPS Administration
The Construction Industry Scheme (CIS) and Employer Payment Summary (EPS) are important components of tax and payroll management for businesses in the construction industry. At Venus Advisers, we offer specialized CIS and EPS administration services to ensure that your business complies with HMRC regulations. We handle everything from processing CIS payments and verifying subcontractor details to submitting your EPS to HMRC, ensuring that your payroll and tax obligations are met accurately and on time.
Our CIS and EPS services are designed to simplify the administrative burden of compliance, allowing you to focus on your core business activities. By partnering with us, you can rest assured that all deductions, payments, and reports are submitted correctly, reducing the risk of penalties or legal issues.
Do I need to verify subcontractors under CIS?
Yes, before making any payments, subcontractors need to be verified with HMRC. We handle this process for you.
What is the EPS, and why do I need to file it?
The EPS is used to inform HMRC of adjustments to your payroll, such as statutory payments or CIS deductions. We ensure your EPS is filed accurately and on time.