If everything worth doing is difficult then everyone worth hiring to do something must also be difficult to find. It isn’t just government that need to vet companies and deliberate over competing bids. Anyone looking to hire a professional should… Read More ›
What you must do as a Construction Industry Scheme (CIS) contractor
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 ›
Painters & Decorators – Just Starting out?
The Journey ahead You have decided that you want to to become a painter or decorator – now decide how you will achieve this. Speaking to a good accountant makes the journey much smoother and fruitful in the long run…. Read More ›
Plumbers – Just Starting out? Doing your market research!
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 ›
JUST Started Work as A builder, Decorator or Plumber in the Construction Industry?
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 ›
Getting Paid in the Construction Industry – Does registration Matter?
To be paid correctly by a contractor, make sure you give them the same legal business name or trading name you gave when you registered for the Construction Industry Scheme (CIS). Please speak to your accountant or adviser if your not sure… Read More ›
Starting out business in the building Trade – Do you need any qualification?
Welcome to one of our regular series for new business starts ups. On weekly basis, we deal with a number of new Construction business starting up and we get asked a lot of questions in the building trade. We do our… Read More ›
Starting out business in the building Trade – What are the main categories out there!
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 ›
Looking to start a business as an Electrician this year – What are the Key factors to consider?
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 a Sub – contractor working in the construction industry in the UK, you might be entitled to a tax refund!
Are you are a self employed Sub – contractor working in the construction industry in the UK, you might be entitled to a tax refund! If you are a sub-contractor registered under the HMRC Construction Industry Scheme (CIS), to work for… Read More ›