Construction is often viewed as one of the most volatile of the business sectors, vulnerable to the impacts of recession when financial support and cashflow are vital.
We understand the challenges faced by the construction sector and help clients with their day-to-day and long-term issues. There are regular changes to the Construction Industry Scheme (CIS), which affect both contractors and subcontractors alike, plus the VAT domestic reverse charge came in on 1st March 2021.
How we work
Our dedicated and experienced construction accountancy team bring you clear, practical and proactive advice to help you meet sector-specific and other financial challenges head on. We will assign one of our specialist construction sector team members to you, who will be your contact for any issues you need to raise or talk through. We understand the accounting, financing and operational issues your business can face, and can offer valuable support and guidance. We also have an in-depth knowledge of the tax planning opportunities that may apply to you, and can help you to maximise immediate and long-term growth.
Some of the ways we can help, over and above assuring your compliance, include:
- Advice on managing cashflow
- Raising finance
- Processing your payroll
- Managing your CIS submissions
- Advising on VAT complexities
- Advising on business development
- Identification of tax planning opportunities
- Wealth management
What changes can we expect from the new financial year? There have been numerous changes to tax...
Chancellor Rishi Sunak on 3rd March unveiled the contents of his Budget in the House of Commons.
Setting out the government’s tax and spending plans for the year ahead, he announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery.
What clients think
“We are a small business within the construction industry and Stephen Mason and his team at Foxley Kingham have been perfect for all of our accounting needs and business development.”
– Margo O’Brien, WDB Construction Ltd