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 ›
construction industry in the UK
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 ›
If today you were thinking of starting a business in the building trade, then broadly speaking there are two main types that the building trade falls into and these are: new building work (for example house building). repair, maintenance and improvement… Read More ›
Here at KG Accountants, we deal with a number of trades including Electricians on a day to day basis. We help from setting up their limited companies, registering them for payroll, bookkeeping, registering their sub contractors, preparing end of year… 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 ›