Accounting for Construction Companies (CIS) in London – Trusted, Compliant, and CIS-Savvy

Construction accounting can be complex, especially under the Construction Industry Scheme (CIS). At LOYALS Accountants & Business Consultants, we offer reliable, CIS-compliant accounting services for construction companies in London—helping contractors and subcontractors stay HMRC-compliant while maximising their income.

Our Construction Accounting Services

  • CIS registration for contractors and subcontractors
  • Monthly CIS returns and verification
  • Subcontractor deduction statements
  • VAT and reverse charge compliance
  • Payroll and PAYE for site teams
  • Business structure advice (sole trader vs limited company)

For Contractors and Subcontractors Alike

Whether you run a construction firm or work independently under CIS, we’ll help with everything from setup and returns to tax planning and cash flow.

We also advise on hiring subcontractors, managing payroll, and understanding how the VAT domestic reverse charge affects your business.

Why Construction Companies Trust LOYALS

  • Years of experience with CIS rules and HMRC processes
  • Fast turnaround on monthly submissions
  • Fixed, no-surprise pricing
  • Advice tailored for trades, builders, and developers

 

FAQs – Construction Accounting & CIS in London

1. What is the Construction Industry Scheme (CIS)?

CIS is an HMRC scheme where contractors deduct money from subcontractors' payments and pass it to HMRC. It helps ensure tax is paid.

2. Do I need to register for CIS?

Yes. Contractors must register, and subcontractors should register to avoid higher deduction rates.

3. What happens if I miss a CIS return?

You could face late filing penalties. We make sure your returns are submitted on time, every time.

4. Can you help me with VAT and the reverse charge?

Yes—we ensure you're applying the reverse charge correctly and staying compliant with current VAT rules.

5. Should I trade as a limited company or sole trader under CIS?

It depends on your goals. We’ll help assess your situation and recommend the most tax-efficient structure.

 

LOYALS Accountants – Specialist CIS Accounting for London’s Construction Industry.