Accountants for Construction Industry / Contractors
Accountants for construction industry
At Taxfix Accountants, we bring years of proven expertise in handling complex accounting matters specifically tailored for the construction industry. Our team has extensive experience working with contractors and subcontractors, ensuring full compliance with Construction Industry Scheme (CIS) requirements while helping clients navigate the often-challenging tax and accounting obligations. We regularly handle complex CIS-related cases and resolve them efficiently, giving our clients peace of mind and confidence in their compliance.
Our CIS accountant services are designed to benefit a wide range of businesses. Whether you are self-employed, operating as a sole trader, or running a limited company, you may fall under CIS obligations if your core business is related to construction. Even if construction is not your main business activity, you must still register and comply with CIS if your company spends more than £1 million annually on construction-related work. Construction, in this context, covers a broad range of activities, including building new structures, refurbishment projects, property extensions, renovations, repairs, and decorative works.
By choosing Taxfix Accountants as your CIS accountants, you not only remain fully compliant with HMRC requirements but also benefit from our tax-efficient advice and strategic planning. From the very start of your business, we ensure that your CIS processes are set up correctly, enabling you to manage subcontractor payments smoothly, minimise the risk of penalties, and maximise your tax efficiency. With our tailored guidance, you can focus on growing your construction business while we handle the complexities of CIS and contractor accounting for you.
Taxfix Accountants – CIS Accountants Uxbridge, London
The Construction Industry Scheme (CIS) is a system introduced by HMRC that requires principal contractors to deduct tax at source when paying their subcontractors. While it is primarily applicable to construction companies, CIS regulations also extend to businesses in other industries that spend a significant amount—over £1 million annually—on construction-related work, even if construction is not their core activity.
At Taxfix Accountants, our Construction Industry Specialist team brings years of experience in managing CIS obligations and contractor accounting. We assist businesses by setting up their CIS registration, verifying subcontractors, and liaising directly with HMRC to ensure the correct deduction rates are applied. In addition, we handle the preparation and submission of CIS returns on time, provide professional representation during HMRC tax investigations, and help clients avoid unnecessary penalties and fines.
Our approach is thorough, involving detailed preparation of working papers, collection of supporting documents, and careful management of HMRC queries. By choosing Taxfix Accountants, you gain peace of mind knowing your CIS obligations are managed efficiently and cost-effectively, allowing you to focus on growing your business.
