Provisions the documents cite: sections 1–4 — 2.17 (rates of deduction), 3.2 and 3.5 (verifying subcontractors), 3.15 (documentary evidence of a deduction), 4.2 (monthly returns), 4.12 (payments to HMRC), 4.16 (records)
What it requires
HMRC's guide to the scheme for contractors and subcontractors. A contractor does not have to verify a subcontractor last included on a return in the current or two previous tax years (3.2); verification is made through the HMRC CIS online service or recognised commercial CIS software (3.5). The contractor provides a written statement to every subcontractor from whom a deduction has been made within 14 days of the end of each tax month, by the 19th of the month (3.15). Monthly returns must reach HMRC within 14 days of the end of the tax month they are for — for payments between 6 May and 5 June, by 19 June (4.2). Contractors keep records for at least 3 years after the end of the tax year to which they relate (4.16). The guide describes a standard and a higher rate of deduction but does not print them, pointing to the current rates published separately (2.17).
The instrument itself: https://www.gov.uk/government/publications/construction-industry-scheme-cis-340. The summary above is our plain-English reading, not the text of the instrument — always work from the source.
How this entry is kept current
- Citation status: cited from the primary source.
- Watched by: gov.uk page — check the "Updated" date and change note at each monthly horizon scan.
- Source last checked by the automated scan: not yet — first scan pending.
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The 6 documents that cite it
Every KubitDocs document prints its statutory basis on the form itself, so the person signing can verify the citation rather than take our word for it.
Building contracts
CIS records
- Monthly Payments and Materials Record
- Payment and Deduction Statement
- Subcontractor Verification Register