London Accountant

Construction Accountants

Specialist accountants for contractors, subcontractors, and construction businesses. We handle CIS compliance, VAT complexities, and industry-specific accounting.

Get a Free Quote020 7946 0958

Accounting for Construction

The construction industry has unique accounting and tax requirements that general accountants often struggle with. From the Construction Industry Scheme (CIS) to reverse charge VAT and contract accounting, getting it wrong can be costly. Our construction specialists work with main contractors, subcontractors, housebuilders, and specialist trades across London. We ensure your CIS returns are filed accurately, help you achieve gross payment status, and manage the complexities of construction industry VAT.

How We Help

Monthly CIS return preparation and filing
Subcontractor verification and payment management
Gross payment status applications and compliance
Domestic reverse charge VAT for construction services
Contract accounting and work-in-progress valuation
Managing cash flow with retention payments
Employment status and IR35 for construction workers
Health and safety compliance cost management

Our Services for Construction

CIS ReturnsGross Payment StatusConstruction VATContract AccountingPayrollTax Planning

Frequently Asked Questions

What is the Construction Industry Scheme?
CIS requires contractors to deduct 20% (or 30% for unverified subcontractors) from payments for labour to subcontractors and pass the deductions to HMRC. These deductions count as advance payments of the subcontractor's tax. We handle all CIS registration, monthly returns, and verification.
How do I get gross payment status?
To qualify for gross payment status (no CIS deductions), you must pass HMRC's turnover test (£30,000+ for sole traders), compliance test (clean filing and payment history), and business test (UK construction work). We assess your eligibility and prepare your application to maximise approval chances.
How does the VAT reverse charge work in construction?
Since March 2021, the domestic reverse charge applies to most construction services between VAT-registered businesses in the CIS. The customer (rather than the supplier) accounts for the VAT. This means you don't charge VAT on your invoices to other CIS-registered businesses. We ensure your invoicing and VAT returns are correct.

Construction Accountants in London

Based at 124 City Road, London EC1V 2NX, we serve construction businesses across Central London, the City, Shoreditch, Islington, Camden, and all London boroughs. We also work with clients nationwide via our cloud-based systems.

Book Your Free Consultation

Construction Specialists

Book a free consultation with our construction accounting specialists.

Book Free ConsultationCall 020 7946 0958

Other Industries

Technology & StartupsProperty & Real EstateHealthcareInterior DesignHospitality & FoodE-Commerce & RetailProfessional ServicesCreative Industries

Need a Construction Accountant?

Our industry specialists are ready to help. Book a free, no-obligation consultation today.

Book Free Consultation020 7946 0958