Vast Knowledge of The Construction World
Choosing the right construction accountant is incredibly important and can make or break how well your finances are handled throughout the tax year. That's why you need to ensure you choose the specialists at Reed & Co. Accountants who have helped various businesses in the sector thrive.
We understand that your company may have different needs than a medical practice or restaurant. That is why we are trained in the various tax processes and protocols to ensure you never encounter any issues.
Your business is unique, and we handle your finances depending on your individual needs. We promise never to bunch you in with every other construction company and will listen to requirements from the start.
Stay on Top
We handle every process, from filling out your information on tax forms to enhancing your overall cash flow. You never have to worry that your finances aren't in order, and you can focus on growing your business.
Time-Saving Solutions
Working in the construction industry can be tough and extremely busy. By placing the responsibility into a specialist accountant's hands, you'll save yourself the time of worrying about payroll processes and tax returns.
Save Yourself Money
With the right accountant, they will work through your budget and find ways to save you money in the long run, ensuring you're making as many profits as possible. This will set you ahead of the competition.
CIS Returns & Compliance
We handle all Construction Industry Scheme obligations for contractors and subcontractors, including monthly CIS returns, verification of subcontractors and deduction statements.
Payroll for Site Workers
We manage payroll for your entire workforce, including PAYE, RTI submissions to HMRC, and ensuring all workers are correctly classified as employed or self-employed.
VAT Returns
We prepare and file your VAT returns, including the domestic reverse charge for construction services, ensuring you're always compliant with HMRC requirements.
Self Assessment Tax Returns
For sole traders and subcontractors, we complete and file your self assessment tax return, claiming all allowable expenses to minimise your tax liability.
Limited Company Accounts
We prepare and file your annual accounts and corporation tax return, advising on the most tax-efficient way to extract profits from your construction company.
Tax Planning
We provide strategic tax planning advice to help you minimise your tax liability and maximise the profits you keep from your business.
Annual Accounts
We prepare comprehensive annual accounts that meet all regulatory requirements and give you a clear picture of your business performance.
Bookkeeping
We keep your books up to date and provide regular cash flow reports so you always know exactly where your business stands financially.
Common Questions
Due to the large amount of projects handled in the construction industry, a specialist accountant will ensure your account's financial information is managed and updated when needed. We will stay on top of all of your expenses and help track the payroll of your workers.
At Reed & Co. Accountants, we work with all sectors of the construction industry, whether you are a commercial or industrial business. We promise to tailor our services to your needs and financial requirements, ensuring you get all the benefits of a specialist accountant.
No, and that's the great thing about a specialist accountant. While we would be more than happy to be your main accountant, if you already work with someone else, we can combine our specialist knowledge with their work so you can get all you need.