Construction Industry Scheme (CIS) in NetSuite
Designed exclusively for NetSuite users, ProScope is the only native Construction Industry Scheme (CIS) module that is registered with HMRC to enable CIS submissions at the click of a button.
If you work in the construction industry, you’ll know that CIS is HMRC’s method of requiring contractors to deduct money from their subcontractors’ payments and pass it to HMRC as tax.
It is a requirement for contractors to register for this scheme. Subcontractors are not required to do so, but deductions are taken at a higher rate if they are not registered.
Verified by NetSuite:
Native to NetSuite
Everything in One System
Verify your contractors, and calculate payments, deductions and returns all within NetSuite, with automation directly in ProScope to HMRC.
Compliance Built In
No Complex Connections
Seamless integration with HMRC ensures submissions remain within NetSuite where information is accurate and can be easily traced with an electronic receipt to guarantee a full audit trait.
Automated CIS Calculations
Never Miss a Payment
CIS calculations are calculated correctly based on the information pulled from ProScope. This means payments and deductions for each subcontractor and contractor can be automatically calculated without leaving NetSuite. Including the correct withheld amounts for services and materials, meaning y
NetSuite CIS Reporting
Complete visibility within your core finance system
CIS specific reports which allow you to quickly and accurately view, and track amounts withheld by contractor and vendor bills, including vendor-specific statements, meaning you can easily keep on top of your CIS reporting requirements.
Seamless HMRC submissions
No additional clicks, interfaces, or errors
Integrating with HMRC, all CIS submissions are made directly from NetSuite to the Government Gateway to ensure a simple, secure, compliant, and painless process.
Proven customer success
1200+
Users Globally
30+
Successful Implementations
Frequently asked questions
Can ProScope verify subcontractors online?
Yes, ProScope is recognized by HMRC to provide online verification requests and makes this process very straightforward. Simply enter the details of a subcontractor into ProScope’s supplier list (their Unique Taxpayer Reference number and National Insurance number) and at the click of a button, the corresponding verification number and tax status are returned by HMRC.
Are subcontractor deductions calculated automatically?
Once a subcontractor is verified, using the data from HMRC, ProScope will automatically calculate the correct level of deductions to be made. The Construction Industry Scheme (CIS) deduction rates are:
- 20% for registered subcontractors
- 30% for unregistered subcontractors
- 0% if the subcontractor has ‘gross payment’ status - for example they do not have deductions made.
You must pay these deductions to HMRC - they count as advance payments towards the subcontractor’s tax and National Insurance bill.
Does ProScope allow me to submit monthly returns to HMRC?
As the deductions are automatically calculated for each subcontractor, ProScope collates this information into a single report (CIS 300 report). This can be submitted electronically to HMRC at the end of each month at the click of a button. There’s no need to pull this data from external spreadsheets or manually calculate figures, the entire process is automated.
Can I prepare subcontractor statements?
CIS requires that subcontractors are provided with a CIS payment and deduction statement within 14 days of the end of the tax month in which the payment was made. This is the written evidence that the subcontractor can use to prove any tax deductions with HMRC. ProScope allows you to generate PDF statements which can be emailed to your subcontractors directly from NetSuite keeping everything in a single source, with a full audit trail.
Is ProScope endorsed by HMRC?
While HMRC doesn’t endorse any particular supplier solution, all solutions must be demonstrated to work to the current CIS requirements. ProScope has been ‘recognised’ as a solution and can be found on HMRC’s list of approved software providers.
Is ProScope up to date with all CIS legislation changes?
Yes, as it is cloud-based, and communicates directly with HMRC, any changes in rates or legislation will automatically be applied to transactions.
Is ProScope compatible with all versions of NetSuite?
Yes, ProScope will support all versions of NetSuite.