CIS tax refund What is a CIS tax refund? A CIS tax rebate (also called a refund) is money that can be claimed from the HMRC where you have paid more tax than you actually owe! At Citi Accounts, we are dedicated to winning back your hard earned money quickly and effectively. On average, our clients get an average refund of £2,000 each year. Most self-employed or subcontracting workers in the construction industry are owed a tax refund every year due to the Construction Industry Scheme (CIS). Some of the reasons […]
2020 Self-Assessment Tax Return Checklist January 31st is the deadline for online Self-Assessment Tax Return submissions, as well as payments for any amount owed. We are actively preparing self-assessment tax returns now for our clients to avoid the last minute rush. There are many reasons to have your self-assessment tax returns completed by your accountant and some of these are: We know all the allowances and expenses that can be claimed for your employment or business and can minimise the tax payable. We prepare trading accounts for sole traders, again ensuring […]