How to identify good CIS payroll companies?

You would find these days many establishments claiming to be one of the best CIS payroll companies, but you should be extremely cautious before employing one for your business. First of all, you should enquire if they would provide any protection in case of an employment status challenge. Any accountant Kent providing a payroll service may not be knowledgeable enough to know about CIS rules and CIS returns. If the company you engage for the job is not well equipped to do these jobs they would do more harm to your business than helping you the right kind of solutions.

 

Even if the CIS payroll companies guarantee some support if your business gets challenged, it should not be the perfect situation, because, it is never ideal to get challenged at the first place. In this case the company fundamentally agrees that you may still get challenged by HMRC which is far from ideal. To avoid such unnecessary hassles and financial and time losses you should choose the company carefully at the very beginning. The best place to search for the right accountant Kent will be to go through their websites carefully. It says a lot about the company’s work ethics and its motto. Find out if they specifically refer to CIS return solution and if they are engaged by some reasonably established business for the same type of jobs. Or else, your business still remains answerable to HMRC for your responsibilities.

 

Check the contract that you sign with one of the CIS payroll companies to see if it makes unremitting references to the individuals or subcontractors and treats them separately from your employee payroll. The contract ideally should be a business to business contract without referring the subcontractors as persons providing the services. This would result in drawing penalty for your business. Experience and background of the accountant Kent employed by the company is the next thing for you to check. Do they have any experience in facing HMRC challenges? If yes, you should find out from their existing clients what they had been actually challenged for and how the argued the case.

 

Shortlist some CIS payroll companies that provide fully HMRC guidelines compliant solutions to their clients. They should also provide a full suite of services from which you can choose the ones you would need. The rates should be competitive and there should not be any hidden extras like joining or exit fees or set up costs. Find out if they have accountant Kent to present expert advice and every type of assistance for your industry. Avoid complicated financial arrangements and look for simple and transparent arrangements. If you finalise one or two such firms, talk to them on phone or meet them personally. They should be available for your service at the time of your needs.

 

If you are not sure of the services that you need for your business, talk to the accountant Kent who would be able to clearly guide you on CIS returns and tax liabilities. CIS payroll companies will be able to keep your business fully protected from attracting any penalties from HMRC.

 

An accountant Kent specialising in CIS return is hired by  CIS payroll companies for providing efficient services to the clients.