Neptune Resources Limited is committed to operating in full compliance with UK tax legislation and employment status regulations.
As a UK-based labour supply company operating within the construction industry, we recognise the importance of ensuring that all worker engagements are structured lawfully, transparently, and responsibly.
Neptune Resources Limited:
Is registered for all relevant UK taxes, including Corporation Tax, PAYE, and VAT (where applicable).
Operates payroll processes in accordance with HMRC requirements.
Complies with the Construction Industry Scheme (CIS) where applicable.
Verifies subcontractors with HMRC prior to payment under CIS.
Applies the correct CIS deduction rates where required.
Maintains accurate financial and payroll records in line with statutory requirements.
We do not engage in tax evasion, aggressive tax avoidance, or the facilitation of unlawful tax practices.
Neptune Resources Limited engages individuals as self-employed subcontractors where appropriate.
We are committed to ensuring that:
Subcontractor status reflects the true nature of the working relationship.
Engagement terms support genuine self-employment.
Payments are processed in accordance with CIS rules where applicable.
Employment status is considered carefully before engagement.
Where a working arrangement indicates employment for tax purposes, appropriate PAYE processes will be applied.
We conduct appropriate checks before engagement, including:
Right-to-work verification
Identity verification
HMRC CIS verification (where applicable)
We expect all subcontractors and partners to comply with UK tax and employment legislation.
The Directors of Neptune Resources Limited are responsible for overseeing tax compliance and employment status practices within the business.
Where necessary, we seek advice from qualified professional advisers to ensure ongoing compliance with evolving legislation.
This statement will be reviewed periodically to ensure it reflects current legislation and business practices.
D. Barrett
Director
Neptune Resources Limited
Date: 01/03/2026
