Running a construction business means juggling projects, crews and tight deadlines. Worrying about whether your tax and CIS are in order should be the last thing on your list. I Sumar & Co accountants who specialise in the construction sector, working with contractors and subcontractors across the UK. We understand the Construction Industry Scheme inside out, and we make sure you never pay more tax than you need to.
Common Problems We Solve
We regularly help construction clients who:
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are unsure whether their CIS deductions are correct, or whether they are owed a refund
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have fallen behind on CIS returns and are worried about HMRC penalties
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cannot decide whether to trade as a sole trader or a limited company
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are struggling with the VAT Domestic Reverse Charge on labour and materials
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need payroll set up and run properly for a growing workforce
What We Do for Construction Businesses
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CIS return filing — accurate and on time, every month
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Subcontractor verification and payment processing
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Payroll and PAYE management for your team
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VAT returns, including the VAT Domestic Reverse Charge for construction
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Corporation tax and Self Assessment for contractors
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Cloud bookkeeping using QuickBooks, Xero, Sage or FreeAgent
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Business start-up support for new contractors forming a limited company
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Year-round tax planning to help you keep more of your profit
Construction & CIS - Frequently Asked Questions
The Construction Industry Scheme (CIS) is an HMRC scheme covering payments from contractors to subcontractors for construction work. If you pay subcontractors, you must register as a contractor with HMRC. We can handle registration and every monthly filing for you. Current rates and rules are published at gov.uk.
Yes. We deal with this regularly. We will bring your returns up to date, deal with HMRC on your behalf where needed, and put a system in place so it does not happen again.
Domestic Reverse Charge changes who accounts for VAT on most construction services between VAT-registered businesses — the customer accounts for the VAT rather than the supplier. If you are VAT-registered and work in construction, it almost certainly applies to you. We make sure your invoicing and VAT returns are set up correctly.
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