Construction

At Brickbooks and Payroll, we are experts in the unique accounting needs of the trades and construction industry. With complex legislation, specific HMRC rules, and the Construction Industry Scheme (CIS) to navigate, accounting in this sector requires deep industry knowledge.

 

From dealing with Domestic Reverse Charge VAT to handling subcontractor payments, the rules are far more intricate compared to other industries.

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Payroll in the construction industry also comes with its quirks, particularly in managing CIS deductions and ensuring that both employees and subcontractors are paid accurately and on time. VAT compliance, especially under the reverse charge mechanism, requires precision to avoid costly mistakes.

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Getting these elements wrong can lead to penalties, increased HMRC scrutiny, and cash flow issues. That’s why we provide specialised reporting and expert guidance, ensuring that your VAT returns, payroll submissions, and CIS filings are always accurate and timely. Our tailored approach helps you stay compliant and prevents costly errors that could impact your business’s bottom line.

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With our in-depth industry expertise, we help trades and construction businesses keep their finances in check, so you can focus on your projects with peace of mind.