Construction Sector Accountancy

Specialist accountants for contractors, subcontractors and construction businesses

The construction industry faces unique financial, commercial and regulatory challenges — from managing cashflow and project-based costs to navigating CIS compliance, complex VAT rules and fluctuating labour requirements. With over 30 years of experience supporting construction businesses of all sizes, we provide clear, reliable and industry-focused accountancy services that help you stay compliant, profitable and in control.

About Us

Specialist Accountants for the Construction Sector

Whether you are a sole trader subcontractor, a growing contractor, or a multi-site construction business, our specialist support ensures your finances are managed efficiently and accurately, leaving you free to focus on delivering projects

Year-End Accounts & Tax Returns

CIS (Construction Industry Scheme) Returns

VAT Advice & Compliance

Payroll & Workforce Management

Management Accounts & Cashflow Forecasting

Digital Accounting & Bookkeeping

Business Structure & Tax Planning

Business Acquisitions & Sales

Building Strong Financial
Foundations for Construction

From sole subcontractors to large contractors, we provide dependable accounting expertise that supports compliance, profitability and growth. With specialist knowledge in CIS, construction VAT and cashflow management, we help you navigate the sector with confidence.

Maintaining Compliance

Stay fully compliant with all HMRC requirements

Reducing Liabilities

Strategic planning to minimise your tax burden

Protecting Long-Term Financial Wellbeing

Securing your financial future with expert guidance

Expert accounting for construction businesses

Specialist CIS compliance, construction VAT and cashflow management for contractors

0121 777 1200•info@rus.co.uk

1190A-1192 Stratford Road, Hall Green, Birmingham, B28 8AB

Why Construction Businesses Choose Us

Over 30 Years Construction Sector Experience

Three decades supporting contractors, subcontractors, builders and construction businesses with specialist accounting, CIS and VAT compliance services.

Specialist CIS & Construction VAT Expertise

In-depth understanding of CIS compliance, reverse charge VAT, zero-rated works and construction-specific tax rules to keep your business compliant and efficient.

Cashflow Management Focus

Strong emphasis on cashflow forecasting, job costing, work-in-progress reporting and financial stability to help you manage project-based income effectively.

All Sizes - Sole Traders to Large Contractors

Support for construction businesses of all sizes, from sole subcontractors and tradespeople to growing contractors and multi-site construction companies.

Client Testimonials

Hear from construction businesses we support across the UK

RUS has handled our CIS returns and accounts for over eight years. Their construction sector knowledge is outstanding, and they always keep us compliant while minimising our tax burden. Highly recommended for any contractor.

Michael Davies

Building Contractor Director

Managing CIS deductions used to be a headache until we partnered with RUS. Their team understands construction cashflow challenges and provides practical, timely support that keeps our business running smoothly.

Robert Palmer

Electrical Services Owner

From job costing to complex VAT advice on mixed-use developments, RUS provides the specialist construction accounting expertise we need. Their cashflow forecasting has been invaluable during project phases.

Jennifer Clarke

Property Developments Finance Director

Ready to streamline construction accounting?

Over 30 years of construction sector accounting and CIS expertise

0121 777 1200•info@rus.co.uk

1190A-1192 Stratford Road, Hall Green, Birmingham, B28 8AB

Construction Sector FAQs

Common questions about our construction accountancy services

The Construction Industry Scheme (CIS) is HMRC's system for collecting tax from subcontractors working in construction. Under CIS, contractors must verify subcontractors with HMRC, deduct 20% (or 30% if not verified) from payments for labour, and report these deductions monthly via CIS returns. Subcontractors can offset these deductions against their tax and National Insurance liabilities. We handle all aspects of CIS compliance including verification, monthly returns, deduction calculations and year-end reconciliation to ensure accuracy and avoid penalties.

Since March 2021, the domestic reverse charge applies to most construction services where both the customer and supplier are VAT-registered and CIS-registered. Instead of the supplier charging VAT, the customer accounts for it through their VAT return. This prevents VAT fraud but requires careful administration. We help you identify which supplies fall under reverse charge, ensure correct VAT treatment on invoices, maintain proper records and complete VAT returns accurately to avoid compliance issues.

Construction cashflow challenges arise from project-based income, retention payments, CIS deductions and payment delays. We provide monthly management accounts showing your true financial position, detailed job costing to identify profitable projects, cashflow forecasting that accounts for retention releases and staged payments, and work-in-progress reporting. This gives you visibility of upcoming income and costs, helping you plan labour, materials and overheads effectively.

Construction businesses can claim capital allowances on qualifying assets including commercial vehicles (vans, lorries), plant and machinery (excavators, mixers, tools), site equipment and cabins, computer equipment and software, and fixtures in business premises. The Annual Investment Allowance (AIA) allows 100% first-year relief on qualifying expenditure up to £1 million. We identify all eligible assets, maximise your capital allowance claims and ensure you receive full tax relief on business investments.

IR35 rules can affect construction contractors operating through personal service companies (PSCs). If you work for a medium or large private sector client or any public sector client, they must determine your employment status for tax purposes. If caught by IR35, you may be taxed as an employee despite working through your company. We advise on IR35 status, help you structure contracts to demonstrate genuine self-employment, support with status determinations and ensure tax compliance whether inside or outside IR35.

Incorporation may be beneficial when your annual profits exceed £30,000-£40,000, as limited companies typically face lower effective tax rates than sole traders. Other reasons include limiting personal liability, easier access to business funding, enhanced professional credibility with larger clients, and flexible profit extraction through dividends and salary. We assess your circumstances, model the tax implications of incorporation, handle the incorporation process and provide ongoing company accounting and tax planning.

Financial Insights & Updates

Stay informed with expert advice, industry updates, and practical financial guidance

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