Questions we get asked.

Specialist CIS accountants register and verify subcontractors, manage monthly returns, prepare deduction statements, and reduce the risk of avoidable HMRC penalties.

Yes. We work extensively with contractors dealing with CIS, domestic VAT reverse charge, payroll, bookkeeping, and Ltd company tax planning.

Yes. We help property investors think through accounting records, income, expenses, ownership structure, and tax reporting so decisions are made with cleaner numbers.

We help import/export businesses collect PVA statements, reconcile them to bookkeeping, and make sure postponed import VAT is reported correctly on the VAT return.

Yes. If you join us we handle the transition with your previous accountant, and get the records, returns and routine under control.

By the 19th of each month, covering the tax month ending on the 5th. Late returns attract fixed penalties that escalate the longer they are outstanding.

20% for subcontractors verified with HMRC, 30% for those who cannot be verified or are not registered, and 0% where gross payment status has been granted.

Yes. Deductions suffered are set against your tax liability. Limited company subcontractors usually reclaim through the payroll scheme; sole traders through Self Assessment.

Registration is required once taxable turnover in any rolling twelve-month period passes the VAT threshold, or if you expect to pass it within the next 30 days. Voluntary registration is also possible and sometimes worthwhile.

In construction, the reverse charge moves responsibility for VAT from the supplier to the customer for certain services between VAT-registered businesses within the Construction Industry Scheme. The invoice and the return both need to reflect it.

Yes, but it is accounted for on the VAT return rather than paid at the border. The monthly PVA statement needs to be downloaded and reconciled to your records so the figures agree.

For most VAT-registered businesses, monthly is the practical minimum so returns are never rushed. Businesses with high transaction volumes often benefit from weekly.

Yes. We work with the main cloud packages including Xero, QuickBooks, Sage and FreeAgent, and can take over an existing file rather than starting again.

Yes. You still need accurate records for your Self Assessment or Corporation Tax return, and for knowing whether the business is actually making money.

A Full Payment Submission must reach HMRC on or before the date employees are paid. Late submissions can trigger penalties, so the pay date drives the timetable.

Yes. We can pick up an existing payroll partway through the tax year, carrying over year-to-date figures so P60s remain correct.

If they meet the age and earnings criteria, auto-enrolment duties apply even with a single eligible employee. We assess this as part of running the payroll.

Company accounts are normally due at Companies House nine months after the end of your accounting period, and the Corporation Tax return twelve months after. We work to a schedule well inside those dates.

Sole traders do not file accounts at Companies House, but you still need an accurate set of figures to complete your Self Assessment return correctly and to understand how the business is performing.

Bank statements, sales and purchase invoices, and details of anything unusual during the year. If we handle your bookkeeping, most of this is already in place.

For most companies, nine months and one day after the end of the accounting period. The CT600 return itself is due twelve months after the period end, so payment is usually due before the return.

The rate depends on your level of profits, with a small profits rate, a main rate and marginal relief in between. We apply the correct rate for your company and show the effect in the computation.

There are legitimate ways to improve efficiency, including capital allowances, pension contributions and how you take income from the company. We look at these as part of your year, not as an afterthought.

Online returns are due by 31 January following the end of the tax year, with any balancing payment due the same day. A second payment on account is usually due by 31 July.

Not automatically, but most do because of dividend income or because HMRC has issued a notice to file. If you have been asked to file, the obligation stands until HMRC withdraws it.

Allowable costs generally include letting agent fees, repairs, insurance and certain professional fees. Finance costs such as mortgage interest are handled through a basic-rate tax reduction rather than as an expense.

No. This is about using reliefs and allowances the legislation provides, and about the timing of ordinary business decisions. We do not use artificial schemes.

Throughout the year, with a focused review before the year end while there is still time to act. Planning after the year end is mostly reporting.

Yes. The amounts differ but the decisions are the same: how to take income, when to invest, and what to set aside.