Accountants for Construction and Property Development

Specialist accounting for construction firms and property developers with £1m to £15m turnover
When your construction business hits £1m turnover, the complexity of CIS compliance, subcontractor management, and property tax strategy changes dramatically. Suddenly, you are managing multiple concurrent projects, each with different subcontractor payment schedules, retention schedules, and VAT treatments. You need construction accounting that understands how to handle the Construction Industry Scheme correctly, optimise capital allowances on plant and equipment, and structure property developments tax efficiently.
Unable to load widget
Construction & Property Investment Accountants

Why Construction Company Accounting requires Specialist Experience

Construction businesses face unique accounting challenges that generalist firms miss entirely. When you are deducting CIS tax at source from subcontractors, managing reverse charge VAT on building services, and tracking project costs across multiple sites, your financial administration becomes highly specialised. Get the CIS returns wrong and you face HMRC penalties. Misclassify workers and you face liability issues. Fail to claim capital allowances on commercial property improvements and you miss significant tax savings.
 
Construction industry scheme compliance requires precise monthly reporting. Every subcontractor payment must be correctly categorised, verified, and reported. Property tax accountant expertise becomes essential when you are holding development stock, claiming structures and buildings allowances, or structuring SPVs for specific projects. We handle construction business accounting for firms with complex subcontractor chains, mixed supply VAT calculations, and development financing arrangements. While your competitors struggle with HMRC enquiries and cash flow gaps from incorrect CIS handling, you will have clean, compliant financials that support tender applications and bonding requirements.

From Small Contractor to Scale Up: Financial
Leadership for £1m to £15m ARR

At £1m turnover, you are moving from being a subcontractor to main contractor status, taking on direct client relationships and larger project risks. At £15m, you are running multiple concurrent developments or maintenance contracts with significant working capital requirements. The financial infrastructure required at each stage differs dramatically.
 
Our construction accountants bridge the gap between basic compliance and strategic financial leadership. You might not need a full time finance director yet, but you absolutely need someone who understands construction industry cash flow cycles and can model different project scenarios. We provide outsourced CFO expertise specifically for building firms, helping you optimise stage payment applications, manage retentions release schedules, and prepare for contract bond arrangements.
 
Property development tax planning becomes critical at this stage. Beyond standard compliance, we identify qualifying capital allowances on commercial fit outs, optimise the structure between trading stock and investment property, and advise on VAT options for residential developments. For scaling construction businesses, this advisory layer often returns tens of thousands in tax savings and improved project margins through better cost allocation.
Become a client
What We Do

What Our Construction Accounting Service Includes

Unable to load widget
CIS Compliance

CIS Compliance & Subcontractor Management

We implement robust systems for construction industry scheme administration that accurately reflect your monthly subcontractor payments. This includes handling CIS returns, verifying subcontractor status with HMRC, and managing reverse charge VAT calculations. Your monthly compliance will clearly separate CIS deductions from PAYE, giving you confidence during HMRC inspections.

Saas Accountancy

Project Costing & Work in Progress Reporting

Beyond standard P&L and balance sheets, we deliver tailored construction accounting packages that track contract profitability in real time. Monitor job costs, overheads allocation, and retention release schedules with precision. We help you identify which projects deliver true margin and ensure your applications for payment contain exactly what contract administrators expect to see.

Funding & Bonding Prep

Funding & Bonding Preparation

From development finance to contract bonds, we prepare the financial infrastructure that facilitates growth. This includes historical financial restatements if needed, forward looking cash flow forecasts with sensitivity analysis, and clean debtors management. Our construction accountants understand JCT contract terms and bond provider requirements, ensuring you enter negotiations with bulletproof financials.

accountancy for tech companies

Tax Optimisation for Property and Construction

We maximise construction tax reliefs including capital allowances on plant and commercial property, structures and buildings allowances, and R&D tax credits for innovative building techniques. For property developers, we advise on SDLT planning, ATED compliance, and efficient exit strategies via incorporation or sale.

Frequently Asked Questions

What is the Construction Industry Scheme and do I need to register?
The Construction Industry Scheme requires contractors to deduct money from subcontractors payments and pass it to HMRC. If you spend over £1m annually on construction operations, you must register as a contractor. We handle monthly CIS returns, verify subcontractor gross payment status, and ensure you deduct the correct amounts (20% for registered, 30% for unregistered).
Construction VAT is complex, involving domestic reverse charges for building services, zero rating for new residential builds, and different treatments for maintenance versus new work. We ensure you apply the correct VAT treatment to each supply, handle the monthly reverse charge reporting, and optimise VAT recovery on project costs.
Property developers can claim structures and buildings allowances on commercial construction costs, capital allowances on fit out and plant, and potentially R&D tax credits for innovative construction methods. We also advise on incorporation structures, SDLT mitigation on land purchases, and capital gains planning on development exits.
Special Purpose Vehicles can ring fence project risk and optimise tax efficiency for specific developments, particularly joint ventures. However, they add administrative complexity. We assess each development to determine whether an SPV structure improves your risk profile and tax position, considering both SDLT and ongoing compliance costs.

Ready for Construction Accounting That Scales With You?

Your construction or property business deserves financial partners who understand the difference between CIS and PAYE. Whether you are preparing for your next major development or simply need cleaner project costing for tender applications, we provide the specialist accounting insight scaling building firms require.
Become a Client