FreeAgent now supports CIS for Contractors

You asked, we listened! FreeAgent has long supported Construction Industry Scheme (CIS) subcontractors - and now, if you’re a CIS contractor using FreeAgent (or an accountant supporting CIS clients), you can manage deductions, prepare CIS300 returns, and create Payment and Deduction Statements, all in one place. No more fiddly spreadsheets. Just smooth, simple CIS bookkeeping - for both subcontractors and contractors. 

Save time. Stay compliant.

We’ve built a CIS experience that helps you stay organised, save time and remain compliant with HMRC’s CIS contractor obligations. Here’s what you can do:

• Set up your ‘Contacts’ as CIS subcontractors and enter key details such as the subcontractor verification number.
• Categorise CIS costs (labour, materials, travel - you name it) using brand new nominal accounts.
• Automatically calculate CIS deductions on bills and apply the right rates for each subcontractor.
• Prepare monthly CIS300 returns with payment tracking built in. 
• Send and export Payment & Deduction Statements directly from FreeAgent.
• Post liabilities straight to your chart of accounts and reconcile payments with ease.
• See all relevant CIS info at a glance - from the contact record to the bill detail screen. 

MTD for Income Tax is coming!

From April 2026, thousands of CIS contractors will be brought into the scope of Making Tax Digital (MTD) for Income Tax. The new threshold means more businesses will need to go digital - and fast. 

That’s where FreeAgent comes in. Our CIS tools help businesses and accountants prepare now, so when MTD kicks in, you’ll already be compliant and ready to file.

Ready to get started?

Whether you’re an accountant supporting CIS clients, or a contractor just trying to keep things simple, FreeAgent’s new CIS features are designed to make life easier. 

Want to find out more? Start a free trial to take a closer look at our CIS for Contractors functionality.