01227 811745

Construction

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In addition to the accounting and tax issues faced by all business, the construction industry faces specific challenges. These can include the following:
  • Dealing with and accounting for retentions and work in progress
  • Implementation of job or project based management accounting procedures
  • Accurate reporting of costs and profits by job and contract
  • VAT on property construction, conversion and development
  • Dealing with the construction industry scheme (CIS) and the status of subcontractors

We can assist you and your staff in establishing, implementing and maintaining proper procedures for accounting and management reporting and can advise on all tax and accounting aspects of operating in the construction industry.

If you are self-employed in the construction industry or have your own construction business and you would like to discuss how we might be able to assist you, please contact us to arrange a no obligation initial meeting.