With your mind focused on the various aspects of project planning, health and safety and the actual construction itself, you might not have much time left to implement solid accounting and tax strategies.
Allow Archimedia Accounts to help your construction business grow financially so that you can begin to enjoy the fruits of your labour. Weโll take care of your tax returns, VAT, payroll (if you have a team of builders) and the all-important CIS (Construction Industry Scheme) accounting needs.
You can relax knowing your subcontractors are being paid correctly and your construction business fully complies with HMRC rules and regulations.
Ultimately, we are here to see your finances grow as a self-employed builder or the owner of a construction business. We implement solid tax planning sessions that focus not only on your businessโs financial goals but also on your and your familyโs financial goals.
Contact us today and speak to one of our expert accountants for Builders.
Our accounting services for builders and construction
Whether youโre a self-employed builder, running your own business as a limited company, or simply looking for a bit of advice on where to start, weโll be able to answer your questions and help you make tax-efficient savings along the way.
We can help you with all areas of corporation tax, VAT returns, payroll and CIS tax.
Letโs take a look at what our accounting services for builders can do for you.
Bookkeeping for builders
Bookkeepingย isnโt processing invoices. Bookkeeping means taking all the activity done in your business and representing that in accounting software.
When Archimedia does bookkeeping for you, all you have to do is send us your expense invoices with our app and connect your bank to the accounting software โ weโll take care of everything else. Youโll benefit from being able to log in each month to see where youโre at with your profits and compare them to previous months.
CIS accounting
CIS is a bit of a minefield. At Archimedia Accountants, we ensure that you are fully compliant with HMRC. This means everything is filed correctly and on time, and you know exactly what you need to pay HMRC and how.
If youโre a subcontractor, weโll ensure youโre doing everything you need to. We also provide all the usual subcontractor statements if youโre a contractor.
Payroll
Payrollย is something that seems simple but is often a more complicated process. At Archimedia, we set up and run your payroll scheme for you, submitting everything necessary to HMRC and sending payslips directly to your staff if you have any. We also, of course, let you know exactly when and what to pay HMRC.
Weโll also explore the potential tax benefits of setting you up on a payroll as a Director of your limited company.
Self-assessment tax returns
At Archimedia Accountants, we donโt just want to save your business tax, itโs about you and your family as a whole, and the self-assessment (or personal) tax returnย is the best place to do this. Weโll even learn about what you want to do in the next ten years, so we can structure things from a tax perspective now to save you as much tax as possible in the future.
VAT returns
As professional accountants for tradesmen, we understand the ins and outs ofย VAT returns, which is important for ensuring your business stays compliant while maximising your VAT benefits. Whether itโs decoding confusing receipts or keeping up-to-date with the rules and regulations, weโve got you covered.
At Archimedia Accountants, we understand that VAT tax planning is very important to your business. We will ensure your VAT returns are on time and utilise all opportunities to help you save and grow as a construction business.
