Gabem CIS is the right option if you are self-employed and working in the construction industry under the CIS (Construction Industry Scheme). You retain the financial advantages of being self-employed, such as a reduced NI contribution, and the ability to offset legitimate, allowable expenses against your tax liability on your Self Assessment tax return, with the added advantage of being able to work on assignments for companies who will not contract with you directly.
You must be registered with HMRC under CIS before you can use Gabem CIS.
We will discuss your employment status with you for your current assignment and determine if Gabem CIS is appropriate for you. We will then discuss the contractual terms and confirm that you are happy with them. We'll also talk through the paperwork that needs to be completed and the set-up process, because we aim to make it as straightforward as possible for you.
You must tell us every time you move to a new work assignment, and we will discuss your employment status again with you in relation to the new assignment.
