Your business may take on subcontractors but you need to be sure that HMRC will also regard the person as self-employed, otherwise your business could suffer an unexpected PAYE bill. There are special tax rules under the Construction Industry Scheme (CIS) but the rules and operation are onerous with many pitfalls for the uninitiated business.

The rules apply whether you are a major contractor or subcontractor in the building industry or simply a private property developer.
We can help you with and advise you on:
Whether you should be operating CIS
Applying for Gross Payment Status
Preparing and filing your monthly returns
Self employment versus employed status
Contact: Duncan Marr or Janet Evans +44 (0)20 7226 1199 or email us from our contact page

Property Development C.I.S.

There are several pitfalls to owning property other than your Principal Private Residence (PPR). Many of our clients either own a second home for themselves or for a source of rental income or run companies owning several million pounds worth of commercial property. We act for several non-resident landlords owning property in the UK. We are therefore very well experienced in the accounting, VAT and taxation…

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Corporate Finance

In a short space of time, a business can alter direction dramatically, have its very survival threatened, grow in size and value, and offer record returns. Throughout all these events, however, pre-planning and getting the right advice is crucial. It is important to move quickly and dynamically in order to see business…

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Business Start-Up

If you are considering starting up a business there are many issues involving accounting and taxation to consider. We can help you to make a success of your business by giving you the right advice to allow you to launch your company with the minimum fuss. New businesses often require finance to help cover start up costs and fixed assets. Banks and investors will expect to…

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Charity Audits

The firm is an active member of The Charity Practitioners Forum a group of practising accountants who meet regularly and hold an annual conference to exchange views on keeping up-to-date with charity legislation and audit matters. Derek is a Trustee of a charity, so he does have first-hand experience of the…

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