Renowned for creating impressive limited edition homes in hand-picked locations across England and the Channel Islands, Antler Homes builds luxury new houses that people will love to live in for a lifetime.
Under the rules of the Construction Industry Scheme (CIS) as a construction contractor paying subcontractors for construction work Antler are required to deduct money from payments to their subcontractors and pass it to HMRC. The deductions count as advance payments towards the subcontractor’s tax and National Insurance.
With multiple companies in their group utilising numerous subcontractors the whole process of calculating and recording the deductions and producing the necessary documentation and financial transactions was time consuming and error prone.
Antler approached Cocoon Technology to develop a bespoke web based portal integrated with their financial system that manages the whole CIS process right from subcontractor creation, insurance policy management through deduction calculation, financial postings, cheque and remittance printing and tax certificate production.
Please get in touch for further information about how Cocoon Technology can bring your requirements to life.