Sectors
Construction
If your business is building, our team of specialist construction accountants can help you make more money and pay less tax. They support tradesmen, subcontractors, contractors, industry suppliers and large building firms. They’re experts in the construction industry scheme (CIS), domestic VAT reverse charge and other sector specific tax rules.
For sole-traders in building, it’s primarily about staying on top of spending and income through decent bookkeeping and the management of your annual personal income tax return. Staying on top of allowable business expenses is especially important. We can also help you comply with the rules around CIS and claim any rebate you might be owed as soon as possible after your tax return has been submitted.
Limited companies in construction trust us with their corporation tax returns and preparation of annual accounts. They also turn to us for support with construction payroll, including CIS deductions up and down the line, depending where they sit in the contractor-subcontractor chain on each job.
Construction VAT is complicated. From the differing VAT rates applied to renovations, conversions and new builds to the domestic VAT reverse charge, there’s plenty to get your teeth into. For our clients, we look after VAT registrations, returns and reverse charge processing, along with providing strategic VAT advice.
We can guide you through the CIS applications to obtain Gross or Net tax status which is necessary to get work in the construction industry and we have knowledge of the CITB Levy and submission of forms on your behalf.
Whatever the size of your construction business, we can help you grow, too – whether it’s adding more vans and tradesmen to your team or funding expansion into new territories.
Find out how we can take your business forward today.
We do things differently
Why choose Moffatts?
Clients find us and stay with us because they’re looking for a bit more from their accountant. It’s partly about personality – we get on with people and build genuine relationships. But we also deliver results.
We believe in making life easier for all business owners.
We strive to improve your processes, systems and cashflow.
We offer the full range of accounting, tax and audit services.
Make the call
We’ll talk, agree fees and services, and then you confirm you want to switch in writing. (Email is fine.)
Set us going
We’ll handle the paperwork and handover with your current accountant, quickly and efficiently.
Get onboard
From day one, you’ll feel the difference. From accounting systems to contacts, we’ll get you set up and sorted.