What is the Madison Group CIS solution? The Maddison Group CIS solution is a perfect solution for Construction Industry workers to receive their payments from a Recruitment Agency. Under the Agency Act a Recruitment Agency can not pay self employed workers through the HMRC CIS scheme. However as the Maddison Group is registered as a contractor with the scheme you the worker can enjoy all the benefits of the CIS scheme and not be paid as a standard PAYE employee. Within the new CIS scheme there have been many changes for processing payments and employment status. Working via the Maddison Group scheme you can be rest assured that our many years of experience within the construction industry and many other sectors allied to our latest bespoke software, that you will be registered correctly at HMRC, your tax liabilities will be settled on time and you will receive your income on time every time.

How it works. 1. A contract is agreed with your agency or client. 2. We register your new contract with HMRC. 3. Your agency or client confirm your hours / price for the job / and pay rate (this needs to be agreed no later than 5pm on a Tuesday for a Friday payment into your account). 4. A small fee of 10% off your gross income, capped at £18 is payable for processing your payments and a group discounted rate of £3 for your insurances. 5. You will receive a remittance advice very week (you need to keep these safe as they are your proof of payments to HMRC, CIS4 vouchers are no longer valid) 6. We will send in your CIS return and payments to HMRC every month.

Maddison Group offers a fully comprehensive insurance package. Classed as a group policy, we can offer this at a greatly reduced rate, a cost that would not be available to the individual. The cost is only £3.00 per week for the following benefits:

Personal Accident Benefit Death £100,000 Loss of limb £100,000 Two or more limbs £100,000 Both eyes £100,000 Loss of speech or hearing in both ears £50,000 Permanent disablement (total) £100,000 Temporary disablement (per week) up to £300 Liability insurance Public liability £2,000,000 Product liability £2,000,000 Employers liability £2,000,000

F.A.Q.

Q. Do I get holiday pay in addition to my weekly payments? A. There is currently some confusion within the construction industry in respect of holiday pay, The ECJ (European Court Of Justice ruled that “so long as the rolled-up holiday pay is a genuine addition to normal salary and has been paid ‘transparently and comprehensibly’ as holiday pay. It can be off set against pay due for holidays.” So in conclusion due to this ruling your holiday pay will be paid weekly and clearly high lighted on your remittance advice slip. Q. How much tax will I pay? A. If you were previously on the old CIS scheme and your status is that of self employed after we under take the employment status check with HMRC you will pay the new rate of 20%. Any other status than above will result in a 30% deduction. Q. What does the insurance cover? A. Please see the insurance section. Q. How do I pay my National Insurance contributions? A. You will need to contact the DWP on 0191 213 5000 who will advise you on the correct amounts and payment options. Q. Can I offset any expenses? A. You will need to keep safe all of the Maddison Group remittance advice slips and any receipts that you feel that the purchases were connected with your work. We advise that you contact an independent accountant should you wish to claim any expenses at the end of the year. Q. Do I really need to have all the contracts and application form signed? A. In order to work compliantly and to ensure that your payments reach you on time you must complete, sign and return with your proofs of i.d. the application form and the self employed workers contract.