CIS Reporting for Contractors


Accurate and stress-free CIS reporting tailored for contractors.

If you’re a contractor managing payments to subcontractors, staying on top of CIS (Construction Industry Scheme) compliance can be a headache. That’s where we come in. At Sterling Financial Management, we specialise in CIS reporting for contractors - helping you stay compliant while avoiding costly errors and penalties.

What Is CIS Reporting, and Why Does It Matter?

Under the Construction Industry Scheme, contractors are required to deduct tax from subcontractors' payments and report these deductions to HMRC.

While the process seems simple, there are many pitfalls that can lead to:


incorrect deductions, resulting in penalties or underpayments

errors in VAT treatment, such as failing to apply the domestic reverse charge correctly

mismatches in contracts that complicate compliance


Without proper management, CIS reporting can quickly become a burden for contractors.

That’s why our service combines expert knowledge with advanced tools to simplify the process, catch errors, and keep you fully compliant.


Our CIS Reporting Service


Here’s how we ensure your CIS reporting runs like clockwork:

1 Verification of subcontractors

Before making the first payment to a new subcontractor, we verify your subcontractors with HMRC to confirm their tax status and ensure correct deductions.

2 Accurate coding and deductions

We apply the correct CIS deductions (20%, 30%, or gross) for each subcontractor based on their HMRC status.

We ensure invoices are coded accurately, catching errors like -

contracts that mix materials and labour incorrectly

incorrect application of VAT when the domestic reverse charge should be used

3 Submission of monthly CIS returns

We prepare and file your monthly CIS returns on time, every time, to keep you compliant with HMRC deadlines.

4 Statements for subcontractors

After filing, we provide detailed CIS deduction statements for your subcontractors, ensuring transparency and compliance.

5 Error identification and prevention

We review your subcontractor invoices to identify and correct common errors, such as -

failing to deduct the correct amount of tax

applying standard VAT instead of the domestic reverse charge

misclassifying contracts, leading to non-compliance


What’s the Risk of Getting CIS Reporting Wrong?

Why Choose Us?



CIS compliance isn’t just about filing reports—it’s about ensuring every detail is accurate.

Errors in your CIS reporting can lead to -

HMRC penalties for late or incorrect filings

Subcontractor disputes over incorrect deductions

Overpayments or underpayments of tax

Incorrect use of proformas - may lead to incorrect filings

With our help, you can avoid these risks and focus on running your projects, knowing your CIS compliance is in safe hands.


Expert Knowledge - We specialise in CIS reporting for contractors, so we understand the challenges you face. And we have access to tax experts for those trickier and out of the norm situations that you may face.


Error Prevention - Our meticulous review process and expertise ensure your CIS returns are accurate and compliant.

Timely and Reliable - From verification to reporting, we manage every step of the process so you never miss a deadline.

Part of Your Team - think of us as your virtual finance partner, always ready to help you stay on track.

Transparency - We send clear statements to your subcontractors, reducing confusion and queries.

Technology + Human Expertise - We use advanced tools to check for errors while applying a human touch to ensure nothing is overlooked.

Let’s Get Started


Don’t let CIS and DRC - domestic reverse charge - compliance cause headaches. Contact us today to ensure your CIS returns are accurate, on time, and fully compliant with HMRC.


We are based in Dorking, Surrey and 100% cloud-based, we can work with you wherever you are in the country.

Interested in reading more about our bookkeeping services?

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Ready to take the stress out of finance?

Fiona Brownlee

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