Accounting and Tax Services for the Construction Industry
5 Key Services for Construction Businesses
CIS Registration & Compliance
Setup, monthly returns, and verification of subcontractors.
Construction Bookkeeping & Accounting
Tracking income, expenses, retentions, and job costs.
VAT & Domestic Reverse Charge
Advice on correct VAT treatment within the construction sector.
Payroll & Subcontractor Payments
PAYE, CIS deductions, and payslip management.
Tax Planning for Contractors
Minimising liabilities for sole traders, partnerships and limited companies
Case Studies
Small Building Contractor
Who:
A UK-based building contractor operating as a limited company and working with several subcontractors.
Challenge:
The business had fallen behind on CIS monthly returns and was unsure whether subcontractors were being verified correctly. They were worried about penalties and potential HMRC investigations.
Solution:
Matplus reviewed their CIS position, registered and verified subcontractors correctly, and implemented a monthly CIS reporting process. We also trained the business owner on what information to collect going forward.
Result:
All CIS submissions were brought up to date, the risk of penalties was reduced, and the client now submits monthly returns with confidence.
Growing Subcontractor
Who:
A sole trader subcontractor working across multiple construction sites.
Challenge:
They were unsure how much tax they were actually paying under CIS deductions and whether they were overpaying. Record keeping was inconsistent and self-assessment was becoming stressful each year.
Solution:
Matplus reviewed their CIS statements, reconciled deductions, and implemented a simple bookkeeping system. We also prepared their self-assessment and advised on allowable expenses.
Result:
The subcontractor gained clarity over their true tax position, improved cash flow, and now approaches each tax year with far less stress.
Construction Company Managing VAT Reverse Charge
Who:
A construction business undertaking domestic construction services subject to the VAT reverse charge.
Challenge:
The business was incorrectly applying VAT on invoices and was at risk of submitting inaccurate VAT returns, potentially triggering HMRC queries.
Solution:
Matplus reviewed their invoicing processes, provided training on the VAT domestic reverse charge, and updated their bookkeeping system to handle the correct VAT treatment.
Result:
VAT returns became accurate and compliant, reducing the risk of errors and ensuring the business stayed on the right side of HMRC.
Running a construction business involves far more than managing projects on site. Contractors and subcontractors must also deal with complex tax rules, strict compliance requirements, and the challenges of the Construction Industry Scheme (CIS). At Matplus, we provide specialist accounting and tax services for the construction industry, helping businesses of all sizes manage their finances accurately while remaining fully compliant with HMRC.
Our team works with builders, tradespeople, and construction companies to deliver tailored solutions that cover CIS registration, monthly CIS returns, payroll, VAT, and tax planning. We understand how easily mistakes can happen when subcontractors are not verified correctly or when CIS deductions are not reconciled properly. Matplus ensures your CIS processes are set up correctly from the start, reducing the risk of penalties and giving you a clear picture of your true tax position.
The construction sector also faces unique VAT challenges, particularly with the domestic reverse charge. Applying the wrong VAT treatment can lead to incorrect returns and unexpected tax bills. Matplus reviews your invoicing and bookkeeping systems, ensuring that VAT is handled correctly and that your records are always ready for inspection. We also provide ongoing bookkeeping and management reporting, allowing you to monitor job costs, track retentions, and manage cash flow more effectively.
By working with Matplus, construction businesses gain confidence in their accounting processes and the reassurance that their tax and compliance obligations are being handled professionally. Whether you are a sole trader subcontractor or a growing construction company, our practical advice and hands-on support help you spend less time worrying about HMRC and more time focusing on completing projects and growing your business.
Why Choose Us
Expert Team
Certified professionals with years of experience
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Always Available
Around the clock availability
Proven Results
Helping businesses save money and grow
