Make sure your business is HMRC CIS compliant
For every UK based construction business, there are a number of requirements that need to be met under the Construction Industry Scheme (CIS). This includes checking that subcontractors are registered with Her Majesty’s Revenue and Customs (HMRC), paying subcontractors and submitting monthly returns. This can often be complex and time consuming with little flexibility or control.
Extend the power of Oracle Cloud Enterprise Resource Planning
Inoapps CIS Cloud works seamlessly with Oracle Cloud ERP to support you with managing tax requirements when using subcontractors and ensure you are always compliant with UK HMRC CIS legislation.
What will Inoapps CIS Cloud do for you?
- Keep up to date and compliant with CIS legislation
- Reduce the time you spend managing the tax implications of using subcontractors
- Help detect discrepancies between the verified contractor records and Oracle subcontractor records before submission
- Assist with the verification and reverification process of changing subcontractor information against HMRC records
- Help calculate contractor deductions based on information provided and tax codes selected by the user in Oracle