Reclaim CIS deducted from your company
A limited company that works as a CIS subcontractor has tax deducted by its contractors. It claims that tax back through its payroll: the year-to-date total goes on an Employer Payment Summary (EPS), and HMRC sets it against the PAYE and National Insurance the company owes, repaying any balance after the tax year. Fileyear files the EPS from the deduction statements’ total, and carries it into the company’s accounts.
- Prepared for you, checked by you
- Pay only when you’ve checked it
- Not HMRC or Companies House
Where this sits in your company’s year
Sample year end 31 MarchCan Fileyear claim this?
You’ll answer these when you start, before you pay anything.
- The company is registered for PAYE (it has an employer PAYE reference)
- Contractors gave the company CIS deduction statements for the tax year
What’s included
Fileyear does
- The year-to-date CIS deductions on an EPS
- Set against the PAYE the company owes that month
- The figure carried into the company’s accounts
You do
- Enter the total on your CIS deduction statements
- Sent to HMRC through Fileyear, with your approval, using your company’s own HMRC login
How it works
The month
The tax month, and the CIS deducted from the company since 6 April. Fileyear starts from last month’s claim.
Check and submit
The EPS goes to HMRC before the 19th; pay HMRC only what is left after the claim.
The rules
| Rule | Detail |
|---|---|
| How | Year-to-date CIS deductions suffered, on the Employer Payment Summary |
| When | By the 19th after the tax month, so it is set against that month’s PAYE |
| More than the PAYE owed | Carried to later months; any balance at the year end is repaid or set off by HMRC on request |
| Government fee | None |
Questions directors ask
Can a limited company reclaim CIS on its Company Tax Return?
No. A limited company claims CIS deductions through its payroll, on the Employer Payment Summary; the CT600 has no box for them. Its accounts show the full price of the work as sales and what HMRC still owes as a debtor, and Fileyear fills that in from these claims.
Where does the figure come from?
From the monthly CIS deduction statements each contractor must give the company. Fileyear starts from last month’s total.
Guides for this filing
Related filings
Reclaim CIS deducted from your company, prepared for you
Enter your company and Fileyear prepares it. You only pay once you’ve checked it.