Why Hire an Accountant for Payroll and CIS in Bolton

If you run a construction business or hire subcontractors in Bolton, you're probably already aware of the complexities that come with payroll and the Construction Industry Scheme (CIS). But are you handling it correctly — or could a small mistake lead to HMRC penalties?

At YRF Accountants, we support local contractors, builders, and SMEs with complete payroll and CIS management. In this post, we explain why hiring a dedicated accountant in Bolton is the smart, risk-free way to manage these crucial functions.

What is CIS and Who Needs to File It?

The Construction Industry Scheme (CIS) requires contractors to deduct money from subcontractors' payments and pass it to HMRC as advance tax. If you're:

• A contractor paying subcontractors for construction work, or
• A subcontractor receiving payments with deductions…

...then you're subject to CIS rules and must file monthly returns to HMRC.
Getting this wrong can result in:

• Incorrect tax deductions
• Late filing penalties
• Loss of gross payment status
• Unnecessary tax overpayments

That's why more firms are outsourcing CIS to experienced accountants in Bolton.

What's Included in Payroll and CIS Services?

At YRF Accountants, our Payroll & CIS packages include:

Payroll

• Weekly/monthly payroll processing
• Payslips and P60s
• HMRC RTI submissions
• Auto-enrolment pension setup
• Holiday/sick pay calculations

CIS Returns

• Verifying subcontractors with HMRC
• Deducting the correct CIS tax
• Monthly CIS return submissions
• Statements for subcontractors
• Year-end summaries for tax returns

We manage all compliance tasks so you don't have to — ensuring you stay legal and efficient.

Real Benefits for Construction Firms and SMEs

Here's what Bolton businesses gain by working with us:

1. Avoid Fines and Investigations
   CIS and payroll rules are strict — late or incorrect filings can cost you dearly.
2. Reclaim Overpaid Tax Efficiently
   Subcontractors often overpay. We help ensure refunds are maximised and not delayed.
3. Save Admin Time Every Month
   You focus on the job site — we handle the numbers and forms.
4. Stay Compliant with HMRC Rules
   We keep up with changing regulations so you don't have to.
5. Custom Support for Local Trades
   Whether you're a one-man band or managing a team of 20, we tailor our services to your needs.

Why Choose Accountants in Bolton?

Working with local accountants in Bolton like YRF means:

• In-person or online meetings
• Local sector knowledge (construction, trades, services)
• Fast response times
• Clear communication without jargon

We've helped dozens of clients compare accountants Bolton wide and choose expert payroll and CIS support that actually saves them money and time.

Get Payroll and CIS Off Your Plate

Stop stressing over deductions and returns — let us handle it.

At YRF Accountants, we offer fixed-fee, no-surprise pricing for our CIS and payroll clients across Bolton and Greater Manchester.

Contact us or call 01204 938696 to book a free consultation with our team.