Expert Construction Accountants for Builders & Subcontractors
Expert construction accountants for the building trades and the construction industry are vital, as each has its own particular accounting and taxation issues. Our knowledge and experience of the industry will help you avoid unnecessary taxation and ensure your business transactions achieve the desired results.
If you are a main contractor, sub-contractor or property developer, we have a team of specialist construction accountants ready to help and advise you.
Construction accountants who care
Advising you on:
- VAT on property transactions
- CIS Domestic VAT reverse charge
- When to zero-rate your supply
- The appropriate accounting treatment for retentions and snagging
- The timing of invoicing to avoid losses on projects and cash flow problems
- The best business structure for your needs
Assisting you with:
- Keeping track on project costs so your pricing is accurate
- Minimising tax on company vehicles
- Running speculative building projects alongside your main business
- Raising finance and preparing budgets and cash flows
- Assessing the employment status of your workers
Supporting you with:
- Payroll and auto-enrolment
- Completion of your CIS returns and online filing
- Calculating Stamp Duty Land Tax (SDLT)
Specialist services for the building trades and construction
Bookkeeping, payroll & CIS
We recognise that the long hours and physical demands associated with the building trades often mean that paperwork becomes a heavy burden. We have a specialist business support package that can release this pressure by offering help with:
- Bookkeeping, VAT and Making Tax Digital compliance
- Payroll and auto-enrolment
- CIS returns
- Ensuring you are compliant with the CIS Domestic VAT reverse charge
Accounting Software
We can set up a bespoke accounting system especially for all building trades. Whether you’re a builder, plumber, plasterer or carpenter, Xero accounting software is simple and cost-effective, helping you with your CIS duties and giving you an up-to-date view of the numbers while you’re on the move.
Being cloud-based, you can use it from your office, van or the building site and keep your cash flow healthy.
VAT reverse charge
At Maynard Johns, we use Xero to efficiently manage the reverse charge rules for the construction industry, ensuring your VAT returns remain accurate and compliant.
Our construction accountants team handles the ongoing complexities of the scheme, saving you time and reducing the risk of costly errors so you can focus on running your business.
Access construction and building accounting and tax support
Our expert team is here to provide tailored advice and support for all your construction accounting and tax requirements.
Contact us today to find out about the array of services we provide.
