Tax Facts
Find answers to common questions about the CIS tax rebate process, written in plain English with a touch of humour.
If you've been working as a subcontractor in the construction industry and have had tax deducted from your earnings, you're likely eligible for a CIS tax rebate. The TIK TAX team can assess your situation to determine your eligibility and help you claim what you're owed.
Yes, typically you'll need to be registered as self-employed with HMRC to claim a CIS tax rebate. If you're unsure about your registration status or need assistance with the process, we can help you get everything sorted.
You'll usually need your bank statements, CIS statements, and any other relevant documents showing your income and tax deductions. Don't worry about the specifics - we'll guide you through the process and let you know exactly what's required.
The timeframe can vary depending on factors like HMRC processing times and the complexity of your case. However, at TIK TAX, we work efficiently to ensure you receive your rebate as quickly as possible. In many cases, you could have your money back in as little as two weeks!
Absolutely! As a subcontractor, you may be eligible to claim certain expenses related to your work, such as tools, equipment, travel, and accommodation. Our experts at TIK TAX can help you identify and maximise your eligible expenses, ensuring you get the most out of your tax return.
Yes, it's still possible to claim a CIS tax rebate if you've been working through an umbrella company. However, the process may be slightly different, and you may need additional documentation. Our team at TIK TAX can guide you through the process and help you claim your rebate effectively.
Mistakes happen - it's part of being human! If you've made an error on your tax return, it's important to correct it as soon as possible. We can assist you in rectifying any mistakes, ensuring your tax return is accurate and compliant.
We operate on a no-win, no-fee basis, meaning there are no upfront costs to use our services*. Our £260 fixed fee is deducted from your successful rebate, so you only pay when you receive your money back. It's as simple as that!
*If your estimated income is below £50k.
The amount you'll receive back from your CIS tax rebate depends on various factors, including your earnings, the amount of tax deducted, and any eligible expenses you may have. On average, we secure over £2,500 for our clients.
Current legislation in the UK says you can go back up to four Tax years when claiming a Tax rebate. This means at the current moment in time you can make a claim for the following periods:
Year ended 5th April 2020
Year ended 5th April 2021
Year ended 5th April 2022
Year ended 5th April 2023
Ready to reclaim your cash without the stress?
Let's make it happen – get in touch to start your Self Assessment today.