KeyPay helps contractors, subcontractors, accountants, bookkeepers, and payroll bureaus manage CIS. With deductions automatically calculated from subcontractor invoices in KeyPay, you and your clients can save time and be confident CIS deductions are always right.Get Started Today
The Construction Industry Scheme (CIS) sets out rules on how contractors handle payments to subcontractors for construction work such as engineering, repairs or installing power systems. This applies if your clients’ (as the contractor) work with subcontractors in the construction industry.
As an accountancy, bookkeeper firm or payroll bureau, it’s crucial to make sure your clients understand their obligations and remain completely compliant throughout the CIS process.
KeyPay caters to all subcontractor types, including companies, trusts, sole traders, and partnerships. Store and verify subcontractor contact information or tax details and apply any details to CIS with a single tick.
Keep track of pay categories such as labour, materials, and VAT in one place. Automatically calculate deductions from subcontractor invoices and have confidence the right amount is paid on weekly, fortnightly, or monthly pay schedules. Submit returns to HMRC with just one click.
With KeyPay, you and your clients can automatically produce, submit and distribute the necessary documents and information to process CIS deductions. Automatically apply CIS deductions to PAYE, payslips, P32s, CIS300s and payment and deduction statements.
Using KeyPay as a payroll software, bureaus can eliminate the need to use an accounting system to manage CIS for their clients, and streamline payroll management and data within just one platform. That’s savings on costs and double handling!
From my experience, KeyPay is the best payroll solution on the market. It’s the first time in all my bookkeeping years that I feel confident in the data and reports.
We found KeyPay as the forerunner of digital transformation in payroll. There are no other software programs I've come across that offer the whole service that you get from KeyPay.
What KeyPay has given us is a stronger relationship with our clients. KeyPay can assist us in our business growth and success.