Accountancy services for construction and trades
Expert accountancy and bookkeeping support
Accountancy services designed for the building trade
Whether you’re a sole trader plumber, a growing electrical contractor, or running a construction company with multiple teams, you face unique challenges that most other businesses don’t have to worry about. The Construction Industry Scheme (CIS), reverse charge VAT, complex project accounting, and ever-changing regulations can turn what should be straightforward accounting into a real headache.
At Smethurst & Co, we’ve been supporting construction and trade businesses for decades. We understand your industry inside out – from the seasonal cash flow challenges to the maze of compliance requirements that come with working in construction.
CIS Returns – getting them right every time
The Construction Industry Scheme (CIS) affects most businesses in your sector, whether you’re a subcontractor having deductions taken from your payments or a contractor responsible for making those deductions.
Getting CIS wrong can result in significant penalties and interest charges. Our systematic approach ensures your returns are accurate and submitted on time, every time.
CIS Investigations Support
If HMRC decides to investigate your CIS compliance, it can be a stressful and time-consuming process. Having experienced professionals on your side makes all the difference to the outcome.
Other construction-specific accountancy quirks
Although CIS is the main difference associated with the construction trade, there are other areas that also come into play.
The reverse charge rules are complex, and the penalties for getting them wrong can be substantial. Our guidance ensures you handle these transactions correctly while maintaining compliant records.
We will work with you to assess whether this is a wise business decision for you..
Equipment and vehicle management
Construction businesses typically have significant investments in plant, equipment, and vehicles. Maximising tax relief on these assets requires careful planning and proper record-keeping.
Why construction businesses choose Smethurst & Co
We don’t just know accounting – we know construction. Our team understands the terminology, the business models, and the specific challenges your industry faces. When you explain your situation, we get it immediately.
Our recommendations are based on practical experience with hundreds of construction businesses. We know what works in the real world, not just what looks good on paper.
When you need answers about a CIS issue or have urgent questions about a project, we’re here. Construction moves fast, and your accountant should too.
I have always found Smethurst & Co to be extremely professional and helpful regarding all of my business accounting needs and more, as and when required.
I have employed the services of Smethurst for over 10 years and can honestly say I would not hesitate to recommend them.
The team have always gone above and beyond and have regularly been on hand to offer advice to my accounts team should they need assistance
Ian Oliver
(Director)
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Our pricing promise
We are fair and competitively priced. Fair in our pricing, fair throughout the work we do for you, and fair in genuinely investing time to support you and your business.