Who is covered by CIS The Construction Industry Scheme (CIS) covers most construction work to buildings, including site preparation, decorating and refurbishment. Mainstream contractors If your business is construction and you pay subcontractors for construction work, you’re a ‘mainstream’ contractor…. Read More ›
Why is construction accounting different? If you work in the construction industry, you’ll know there’s rarely a fixed business structure. The site manager probably doesn’t employ the other people working on a project. They are likely to be a contractor… Read More ›
What has been happening in the construction industry? The construction industry generally enjoyed plentiful demand for its services between the late 1990s and the mid 2000s. There were some problems – skilled labour was hard to find and insurance costs… Read More ›
The Journey ahead You have decided that you want to run a plumber business – now decide how you will achieve this. Speaking to a good accountant makes the journey much smoother , fruitful and enjoyable in the long run…. Read More ›
All contractors must register with HMRC for the Construction Industry Scheme. Subcoactors who do not wish to have deductions made from their payments at the higher rate of deduction should also register with HMRC. HMRC will provide registration details that… Read More ›
Are you Employed working in the construction industry in the UK, you might be entitled to a tax refund!
If you’re employed in construction (PAYE), and drive your own vehicle to different sites, there’s a good chance HMRC owes you a tax refund of up to £2,500. And, if you have to pay for them yourself, you can also… Read More ›
Industry Sector: Tiling Services This week we shall cast our net to who ever might want to become a Tiler this year. It is an extremely had work but if you are determined you can certainly make a career out… Read More ›