EEBS Ltd originally established its current business model in 2001, in response to increasing pressure on contractors through changes to the Construction Industry Scheme. Throughout the last 20 years, the Revenue has accepted that every single one of our subcontractors is legitimately self-employed – WITHOUT EXCEPTION. CIS has evolved as a vehicle for Government to increase revenue taken from the
construction industry rather than to “protect tax revenue” as originally declared. The current CIS system is restrictive and punitive, exposing companies to extortionate fines and penalties for non-compliance of worryingly vague and over-complicated regulations. Many contractors have been forced into putting their subcontractors ‘on the books’ or having to let them go altogether. EEBS provides a Revenue-approved alternative to costly employment for contractors wishing to retain flexibility in their workforce. EEBS is a labour only subcontractor that engages subcontractors introduced by companies who wish to make use of their services. Here’s how it works:
- We engage the subcontractors (or any PAYE tradesman that wishes to convert to self-employment) under our own contracts.
- We agree to supply those subcontractors to you under our tailored Terms of Business
After each period of engagement (weekly, fortnightly monthly etc), you confirm the value of the works completed via our on-line Timesheets system or fax us a record.
- We pay the subcontractors
- We assume all responsibility for dealing with HMRC and/ or any Employment Tribunal with regard to those subcontractors. We are usually able to get you up and running within 24 hours of receipt of your agreement. For further information, please call us on 01245 493832
