Construction accountants

Construction is a tough industry to be in, and construction businesses are often very unique.

Accounting for construction is also tough – the rules are very specific. The industry is fraught with complex accounting requirements that could confuse anyone who lacks the necessary experience. That is why we specialise in working with businesses in the industry.

By gaining deeper insight into the complex challenges businesses in the construction sector face, we are able to offer practical support for our hard-working clients.

With extensive experience of working with residential and commercial builders and developers, we won’t be tripped up by industry quirks.

Specialist knowledge

We truly understand the financial and accounting issues in the construction world and are well-placed to help you navigate them.

We have a dedicated service, for example, to support you with the regulations for contractors and subcontractors that are set out in the construction industry scheme. Annual accounts, tax returns, bookkeeping, and payroll can also be a thing of the past if you let us handle them on your behalf.

Not only that, but if you employ subcontractors, you will also need to have an understanding of the latest IR35 legislation. Due to the changes in IR35, it can be difficult to grasp your obligations to HMRC when it comes to reporting tax and National Insurance on behalf of your business or contractors.

Businesses in the construction industry also have specific VAT rules to follow: in particular, the VAT reverse charge on goods and services provided through the supply chain.

Financial support from the ground up

As construction industry accountants and financial experts, our advice does not end with compliance and tax. We know how your sector works and regularly spend time helping construction businesses with things like:

• startups and business planning
• business structuring
• budgeting and forecasting
• audits
• cashflow
• mergers and acquisitions
• payroll management
• VAT returns.

As your work in the construction industry can be draining, with long days and heavy workloads, don’t let your finances add to your professional burden. With our support, you’ll have the breathing space to focus on your work.

Together, we can lay the foundation for a robust financial structure for your business. If you want to elevate your firm, we can be on hand to offer our impartial and friendly advice to get you there.

Talk to us about how we can help your construction firm.