Fixed-fee accounting and tax support for CIS subcontractors, tradesmen and construction businesses in Leicester and across the UK, covering CIS returns, the VAT domestic reverse charge and your tax return, so you get paid correctly and reclaim what you are owed.
Whether you are a CIS sub-contractor, an electrician, plumber, builder, engineer, carpenter or joiner, or run a wider construction business, we handle the accounting and tax issues specific to the trade, from CIS registration and monthly returns through to the VAT domestic reverse charge and reclaiming deductions you are owed. We work with sole traders and limited companies across Leicester and the UK, so your paperwork is right and your tax return reflects everything you are entitled to.
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If you take on subcontractors, we register you as a contractor, verify each subcontractor with HMRC before you pay them, and file your monthly CIS return by the 19th of each month.
If you have had CIS deductions taken from your payments, we prepare your Self Assessment or Corporation Tax return to reclaim any tax you have overpaid, and make sure your deductions are recorded correctly.
Since March 2021, most standard and reduced-rated construction services between VAT-registered businesses in the CIS chain fall under the domestic reverse charge. We make sure your invoices are correct and your VAT returns reflect the rules properly.
We advise on whether trading as a sole trader or through a limited company suits your circumstances, handle the registrations involved, and assess whether applying for gross payment status is worthwhile for you.
We claim the Annual Investment Allowance, currently £1 million a year, on qualifying tools, vans and equipment, so you get tax relief on your kit as soon as you invest in it.
We keep your day-to-day records up to date, reconciling job income, materials and CIS deductions, so your accounts and tax return are always built on accurate figures.
We offer fixed-fee packages whether you work as a sole trader, CIS sub-contractor or through your own limited company. Each package covers the core compliance work below, with optional extras you can add as needed.
Self Employed
Optional
Limited Company
Optional
Limited Company
Optional
Limited Company
Optional
All packages are guide prices, excluding VAT. Your exact fee depends on your turnover, transaction volume and the level of support you need — request a quote for a price tailored to you.
Straightforward answers to the questions we’re asked most.
CIS is a scheme where contractors deduct tax from payments to subcontractors and pass it to HMRC in advance of the subcontractor’s own tax bill. It applies to most construction work, including work carried out by CIS sub-contractors, electricians, plumbers, builders, engineers, carpenters and joiners, and other tradesmen. We confirm whether it applies to your specific work and get you registered correctly.
Registered subcontractors have 20% deducted from qualifying payments, while unregistered or unverified subcontractors have 30% deducted. Subcontractors with gross payment status have nothing deducted and instead settle their tax through Self Assessment or Corporation Tax.
CIS deductions are advance payments towards your tax bill, not a final tax charge. We prepare your Self Assessment or Corporation Tax return to set your CIS deductions against what you actually owe, and claim back any refund due.
Since 1 March 2021, most standard and reduced-rated construction services supplied between VAT-registered businesses within the CIS chain are subject to a domestic reverse charge, meaning the customer accounts for the VAT rather than the supplier, unless the customer is an end user or intermediary supplier. Getting this wrong on invoices is a common and costly mistake, so we check it carefully on every job.
Gross payment status means no tax is deducted from your payments, which can help cash flow, but you must meet HMRC’s turnover, compliance and business tests to qualify, and you take on full responsibility for setting aside tax yourself. We help you weigh up whether it is the right move and handle the application.
Many tradesmen start out as sole traders for simplicity. A limited company can become more tax-efficient as your income grows and can offer added credibility when tendering for larger contracts, though it brings extra reporting requirements. We talk through the numbers based on your circumstances.
Most tools, vans and equipment qualify for the Annual Investment Allowance, currently £1 million a year, giving 100% tax relief on qualifying purchases up to that amount in the year you buy them. We make sure your claims are correct and nothing is missed.
No. While most clients prefer cloud software such as Xero, QuickBooks, Sage or FreeAgent, we understand not everyone wants to work in the cloud. If you'd rather not use cloud software for your bookkeeping, we also support off-cloud software such as VT Transaction+.
Tell us about your circumstances and we’ll come back to you with clear next steps, typically the same working day. Our support is available in person, by phone, email or a virtual video meeting, whichever suits you best.