Building profits

The construction industry is one of the most volatile sectors in the UK economy, and careful planning and advice are needed to maintain efficiency and competitiveness. With years of experience in this sector, we pride ourselves on having an understanding of the specific problems faced by builders, building and civil engineering contractors, and civil engineering consultants, and in being able to recommend effective solutions.

We work with you to help you optimise your performance through advice on appropriate funding, project planning, cashflow planning, payroll services, etc. We guide you through the maze of regulations imposed on the industry, help you to minimise your compliance costs, and help you to build a successful future.

In addition, in order to ease the burden of compliance with the CIS rules applying from 6th April 2007 we have established a team of experts to assist clients meet the new requirements. In particular users of our comprehensive CIS service will benefit from:

• Verification of subcontractors directly with HMRC and retain the necessary evidence.
• Calculation of the tax deduction applicable to each payment.
• Advice on the complex issue of employment status and where possible prepare the appropriate contracts to ensure that the requirements of self employment are maintained.
• Preparation of the monthly returns for submission to HMRC and the payment statements to be supplied to each subcontractor.
• Notification of the tax due to HMRC each month.
• Preparation of the end of year summary returns.

Contact Us to discuss how we can help you in this important area.