ACCOUNTANTS FOR CONSTRUCTION BUSINESSES
Specialist Accounting Support for Construction Businesses
Practical accounting and tax support for construction companies, contractors and subcontractors. From CIS and VAT to payroll, bookkeeping and year end accounts, we help you stay compliant and keep your finances under control.
- CIS Returns & Subcontractor Support
- VAT & Making Tax Digital
- Payroll & Bookkeeping
- Year End Accounts & Tax Planning
Need an Accountant for Your Construction Business?
Speak with an ICAEW Chartered Accountant about CIS, VAT, payroll, accounts and tax support for your construction business.
CONSTRUCTION ACCOUNTING
Accounting Support Built for the Construction Industry
Construction businesses face accounting and tax requirements that can be more complex than those of many other industries. CIS deductions, subcontractor payments, VAT, payroll and project costs all need to be managed carefully.
At Jassim Financial Solutions Ltd, we provide practical accounting and tax support for construction businesses, contractors and subcontractors, helping you maintain accurate records, meet filing obligations and understand your financial position.
Whether you’re an independent contractor or running a growing construction company, our support can adapt as your business develops.
Ideal For
- Construction Companies
- Main Contractors
- Subcontractors
- Builders & Property Developers
- Electricians
- Plumbers & Heating Engineers
- Carpenters & Other Trades
- Growing Construction Businesses
Common Accounting Challenges in Construction
Construction businesses face unique financial and compliance challenges. We provide practical support to help manage CIS, VAT, payroll, bookkeeping and financial reporting throughout the year.
Managing CIS Compliance
We help contractors manage CIS requirements, including subcontractor records, deductions and regular CIS returns.
Subcontractor Payments
Keep appropriate records of subcontractor payments and deductions while maintaining an organised process for CIS reporting.
VAT & Domestic Reverse Charge
Receive support with VAT returns and the construction domestic reverse charge where it applies to your transactions.
Construction Bookkeeping
Maintain accurate records of sales, purchases, expenses and construction-related transactions throughout the year.
Payroll & Employment Costs
Manage PAYE, employee payroll and workplace pension responsibilities alongside your wider accounting requirements.
Managing Project Costs
Better financial records can help you understand labour, materials, subcontractor and other costs associated with your business.
Cash Flow Management
Improve visibility over money coming into and leaving your business, particularly where payment cycles and project expenditure affect cash flow.
Year End & Tax Compliance
Stay on top of annual accounts, Corporation Tax or Self Assessment requirements and other relevant filing deadlines.
THE BENEFITS
Accounting Support That Keeps Your Construction Business Moving
Specialist accounting support can help construction businesses manage CIS, VAT, payroll and financial records while improving visibility over costs, cash flow and overall business performance.
Stay on Top of CIS
Keep CIS records, deductions and returns organised while meeting your ongoing contractor or subcontractor responsibilities.
Manage VAT With Confidence
Get professional support with VAT returns, Making Tax Digital and the Domestic Reverse Charge where applicable.
Better Control Over Costs
Maintain clearer financial records to help you understand labour, materials, subcontractor and other business costs.
Improve Cash Flow Visibility
Better understand money coming into and leaving your business so you can plan ahead for payments, tax and operating costs.
Reduce Financial Administration
Spend less time managing bookkeeping, payroll and compliance administration and more time running your construction business.
Professional Support as You Grow
Access accounting, tax and financial support that can adapt as your construction business takes on more projects, employees and subcontractors.
WHY CHOOSE US
Accounting Expertise for the Construction Industry
We understand the accounting and tax challenges construction businesses face and provide practical support across CIS, VAT, payroll, bookkeeping, accounts and tax.
ICAEW Chartered Accountants
Professional accounting and tax support delivered with technical expertise, integrity and high professional standards.
CIS & Construction Knowledge
Practical support with CIS requirements, contractor and subcontractor records and construction-related accounting matters.
Fixed & Transparent Fees
Clear pricing agreed in advance so you understand the cost of your accounting support.
VAT & Reverse Charge Support
Guidance on VAT compliance and the Construction Domestic Reverse Charge where relevant to your business.
All-in-One Accounting Support
Bookkeeping, VAT, CIS, payroll, annual accounts and tax support can all be managed through one professional relationship.
Support as Your Business Grows
Our services can evolve as you take on larger projects, additional employees or subcontractors and greater financial reporting requirements.
HOW WE WORK
Getting Started With Us Is Simple
We take time to understand how your construction business operates, identify your accounting and compliance requirements and provide ongoing support tailored to your needs.
Tell Us About Your Business
We discuss your construction activities, business structure, turnover, employees, subcontractors and current accounting arrangements.
Review Your Requirements
We identify the support you need across CIS, VAT, bookkeeping, payroll, annual accounts and tax.
Get Everything Set Up
We help organise the onboarding process, accounting records, HMRC authorisations and professional clearance where required.Once you’re ready to proceed, we help with the onboarding process, including professional clearance where required, accounting records and relevant authorisations.
Ongoing Accounting & Advice
We provide the agreed accounting and tax services throughout the year and remain available as your projects and business requirements change.
Better Financial Control for Your Construction Business
Construction businesses often manage multiple projects, subcontractors, material costs and payment schedules at the same time. Without accurate and up-to-date financial information, it can be difficult to understand profitability and maintain control over cash flow.
We help you maintain organised financial records and gain better visibility over your business performance, while supporting your CIS, VAT, payroll, accounts and tax responsibilities as your construction business develops.
- CIS contractor & subcontractor support
- Construction Domestic Reverse Charge VAT
- Project & business cost visibility
- Payroll & employment compliance
- Cash flow & financial reporting
- Year end accounts & tax planning
Taking On Bigger Projects? As your construction business grows, better financial reporting becomes increasingly important. We can provide management accounts and financial insights to help you monitor performance and plan ahead.
Accounting for Construction
CIS • VAT • Accounts • Tax
FREQUENTLY ASKED QUESTIONS
Construction Accounting Frequently Asked Questions
Find answers to common questions about CIS, VAT, the Domestic Reverse Charge, bookkeeping and accounting for construction businesses.
1. What is the Construction Industry Scheme (CIS)?
CIS is an HMRC scheme that applies to certain payments made by contractors to subcontractors for construction work. Contractors may need to verify subcontractors, make appropriate deductions and report payments to HMRC.
2. Can you prepare our CIS returns?
Yes. We can assist construction contractors with ongoing CIS administration and preparation of monthly CIS returns based on the information provided by your business.
3. Can you help subcontractors with CIS deductions?
Yes. We can help subcontractors maintain appropriate records of CIS deductions and ensure the relevant information is reflected when preparing their accounts and tax returns.
4. What is the VAT Domestic Reverse Charge?
The Domestic Reverse Charge changes how VAT is accounted for on certain construction services between VAT-registered businesses. Whether it applies depends on the nature of the supply and the parties involved, so each situation should be considered carefully.
5. Do construction businesses need to register for VAT?
VAT registration depends on your taxable turnover and circumstances. Businesses exceeding the applicable VAT registration threshold are generally required to register, while some businesses may choose to register voluntarily.
6. Can you manage payroll as well as CIS?
Yes. We can provide payroll support for employees alongside CIS support for relevant subcontractors, helping you manage both areas through one accounting relationship.
7. Can you take over from our existing accountant?
Yes. If you appoint us, we can manage the professional clearance process and request the relevant accounting and tax information from your previous accountant.
8. Do you work with construction businesses across the UK?
Yes. We can support construction companies, contractors and subcontractors across the UK using cloud accounting, telephone, email and online meetings.
CLIENTS REVIEWS
What Our Clients Say
We’re proud to support businesses and individuals across the UK with professional accounting, tax and business advisory services.
Looking for an Accountant for Your Construction Business?
Get professional accounting and tax support for CIS, VAT, payroll, bookkeeping and year end compliance. Speak with an ICAEW Chartered Accountant about your construction business today.
ICAEW Chartered Accountants • Fixed Fee Pricing • Supporting Construction Businesses Across the UK