CIS Registration

Short Definition: Signing up with HMRC to work under CIS.

Long Definition: CIS registration is required for both contractors and subcontractors operating in the construction industry. For subcontractors, registering ensures that deductions are applied at the standard 20% rate instead of 30%. The process involves providing your UTR and business details to HMRC. Being properly registered avoids unnecessary tax deductions and improves credibility with contractors.