Construction is one of the UK’s largest sectors, but it is also one of the most complicated. Our detailed knowledge of this evolving sector combined with our specialist skills make us the ideal partner to help you navigate its complexities.
Understanding the complexities
At MHA MacIntyre Hudson, our work with a wide range of clients across this fundamental sector has helped us to build a deep understanding of the maze of regulations and the myriad of uncertainties and risks faced by construction businesses every day.
Our specialist team of accountants for the construction industry work with a plethora of commercial and residential developers, contractors and sub-contractors, civil engineers, surveyors and professional services firms. The breadth of our work has meant our knowledge and understanding of this sector is firmly cemented and we can offer our clients advice for their business whatever the requirements and circumstances not just for today but for the future.
With construction accounting and financial management at our core, we guide businesses from start-up all the way through to exit planning, as well as advising on growth strategies and on how to survive a changing economy and an uncertain future.
Accounting for construction companies
As construction accountants, we know businesses in the sector face an ever-increasing threat of investigation by HM Revenue & Customs. It is common for the public body to impose financial settlements dating back several years to collect tax, national insurance, interest and penalties on any errors that are discovered.
We understand that can be a daunting prospect for any company, but our team of specialists can work with your business to ensure it is compliant with its tax obligations, as well as offering advice on areas such as capital gains tax and VAT consultancy, including negotiations with HMRC.
Alongside these core audit and accountancy services, our highly experienced construction accounting team can also offer advice on:
- R&D tax credits on innovative construction methods
- Fundraising for developers
- Reporting on individual construction projects – from start to finish
- Land remediation tax reliefs
- Corporate tax structure to optimise reliefs and risk management
- VAT consultancy, including negotiations with HMRC
- Construction Industry Scheme compliance reviews and advice
- IR35 – engagement of workers and employment tax issues
- PAYE compliance with health checks on benefits and expenses
- Profit extraction
- Corporate finance advice, including for mergers, acquisitions and disposals
- Strategic planning to help you get your business to where you want it to be
- Expert witness for construction litigation