Payroll for Construction
Payroll for Construction
Bishop Oak works with a range of
organisations to ensure compliant and quality services.
Outsourced payroll services for the construction industry across the UK.
At Bishop Oak, we provide a range of outsourced payroll services for construction businesses in Essex, London and across the UK. Let us take the stress of payroll away so you can focus on what you do best.
Why outsource payroll as a construction company?
As a construction business, you must comply with all regulations and legislation to ensure your business is HMRC compliant. This is where we can help. We will take care of every aspect of payroll by acting as an outsourced intermediary and utilising the Construction Industry Scheme (CIS) payment model.
Our experienced team will take care of all deductions, remittance slips and other administration tasks, including verifying Rights to Work documentation, Public Liability and Public Indemnity, Employers’ Liability and Income protection insurance. When working with us, your dedicated account manager will be available during and outside
of office hours should you need any help or have any questions.
What are the benefits of outsourcing payroll as a construction company?
There are many benefits of outsourcing payroll to Bishop Oak, these include:
- A dedicated team supporting you with back office tasks, leaving you to focus on other aspects of your business.
- A branded portal for workers to view their documents in one place reducing confusion and paperwork.
- A dedicated team to handle any worker queries, saving you time.
- A payroll model that is fully compliant and directly linked to HMRC, removing the stress of compliance.
- A money back guarantee – if you aren’t happy with our service we will pay back the workers’ margin to you.
What is the Construction Industry Scheme, also known as CIS?
If you work in the construction industry, you may have heard of CIS, which stands for Construction Industry Scheme. CIS is a way for contractors and subcontractors who work in the construction industry to pay taxes. The scheme was put in place to help stop tax evasion in the construction industry. Contractors and subcontractors must sign up with HMRC and pay their subcontractors according to certain rules if they want to use CIS. Contractors are required to check the status of their subcontractors and deduct tax accordingly. To find out more about CIS and how it can benefit your construction business, read our CIS blog or contact our team who will be happy to assist you.
If you are ready to save time, increase efficiency and ensure your business is HMRC compliant, contact Bishop Oak to find out more about our construction industry payroll services.
