If you are a CIS sole trader looking for a compliant, efficient, and exceptional value payroll service, you have come to the right place. Backed by professionals with over half a century of combined experience, Magna Pay will connect you to the right providers that process payroll of thousands of workers every week.
We are delighted to offer a specialist CIS sole trader payroll service – Magna Pay CIS – ideal for self-employed professionals working in construction. When you register with Magna Pay CIS, we will process your pay in accordance with HMRC’s rules and regulations, sending 20% tax to HMRC on your behalf.
We’ll also deduct a small margin – the only income we generate. You will receive your pay directly into your personal bank account. Additionally, our sister companies can assist you in filing and submitting your self-assessment tax return, offering you a special discount. Our service simplifies the payment process for self-employed professionals in construction, ensuring compliance and ease.
Please keep reading to learn more about Magna Pay CIS, including how it works, how to register, and the many benefits of choosing us. If you would like more information about our CIS sole trader service, please complete the short form on this page.
Contractors
It’s easy to register for Compass CIS. You can use Compass in other contracts or take a break without any penalty.
You will receive an SMS when payment has been made to your bank account, together with the net amount.
The qualified accountants at Compass can provide a professional self-assessment that includes all allowable expenses, to maximise your tax efficiency.
Our team has almost 15 years’ experience supporting construction contractors.
Enjoy peace of mind knowing that Compass has taken care of all your CIS self -employment compliance.
Compass can provide insurance to ensure you are paid in the event that you are injured through accident. Ask us for more details of coverage.
