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RACS CIS 'Self-employed'

RACS CIS "self-employed" is the most popular product for all self-employed construction industry subcontractors to ensure their earnings and statutory HMRC deductions are managed effectively.

The RACS CIS product has been designed specifically to cater for subcontractors who require an efficient and reliable mechanism to guarantee that they are paid on time and in accordance with CIS legislation.

Developed purely for those working in the construction, road and rail sectors, RACS CIS "self-employed" has the flexibility to accommodate all potential self-employed scenarios.

These include contractors working on assignments via recruitment agencies or companies direct, contractors who wish to become self-employed, self-employed contractors accepting additional assignments, plus those employees with additional self-employed contracts.

RACS "self-employed" is the perfect "hassle-free" option designed to maximise the benefits of CIS status within the construction industry.

  • Totally HMRC compliant product
  • All statutory CIS payments made on your behalf
  • Industry leading daily margin - £4.50 per day max £23.00 per week including all insurances
  • Guaranteed payment dates of gross earnings (less deductions)
  • Access remittance advice and statements online
  • Includes Public Liability (£10m), Employers Liability (£10m) and Professional Indemnity Insurance (£5m)
  • Dedicated account manager to assist you at all times
  • Cost effective assistance with personal tax returns (optional)
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