Running a construction business means dealing with more than just the job on site. From managing subcontractors and CIS to handling payroll, VAT and long project payment terms, the financial side of the industry can be a real challenge.
We understand how demanding construction can be and provide accountancy support designed for your sector. With us managing the numbers, you can focus on delivering projects while knowing your finances are under control.
What Difficulties Do Construction Businesses Face
Construction businesses often deal with challenges that other sectors do not experience. Cash flow can be unpredictable, with long payment terms and upfront costs putting constant pressure on budgets. Keeping subcontractor records accurate under CIS can feel like a job on its own, and payroll for site staff needs to be precise every single time.
On top of that, VAT rules in construction can be complicated, especially with reverse charge VAT to consider. Missing deadlines or making mistakes with HMRC can quickly lead to penalties, which eats into already tight margins. These difficulties make having the right financial support essential for staying on track.
What Services Do We Provide Construction Businesses
We provide accountancy and business support designed to meet the needs of contractors, subcontractors and construction firms of all sizes. Our goal is to make the financial side of your business straightforward, so you can focus on getting the job done on site.
Our services for construction businesses include:
- Registering and managing CIS for contractors and subcontractors
- Preparing and submitting monthly CIS returns
- Running payroll for site staff, including pensions and deductions
- Managing VAT returns, including reverse charge VAT
- Producing clear business accounts that show project profitability
- Offering tax planning advice tailored to the construction sector
- Helping with cash flow forecasting and project budgeting
With our support in place, you can keep your projects moving forward while knowing your accounts and compliance are fully managed.
Why Choose TJB Accountants
We know construction inside out. From CIS and payroll to VAT and project cash flow, we understand the financial challenges that come with working in this industry and we tailor our support to match them.
Choosing TJB Accountants means choosing a partner who takes the pressure off your shoulders. We keep you compliant, help you protect your margins and give you the clarity you need to make the right decisions for your projects. With us by your side, you can spend less time on paperwork and more time building your business.
Get in Touch
If managing CIS, payroll or VAT is taking too much of your time, we are here to help. Our team specialises in supporting construction businesses and can take the stress out of your accounts and compliance.
Get in touch with TJB Accountants today and let’s talk about how we can support your business.