Construction & property

Accountants for the building and construction sector

The world of building and construction can be volatile. It’s also full of opportunities and a major contributor to both the UK and Scottish economies.

With years of experience accounting for and advising the construction sector, we pride ourselves on understanding the problems faced by builders, tradesmen, contractors, subcontractors and consultants, among others. Our knowledge helps us to develop effective solutions for clients industry wide.

Payroll is a particular challenge for the construction industry. First, there’s the construction industry scheme (CIS) to take into account, placing a statutory obligation on contractors to make pay deductions on behalf of the Government. For contractors and consultants, there’s also the ever-changing landscape of off-payroll working rules (IR35) to contend with. Another complication can be the effective management of the domestic VAT reverse charge for construction, knowing how and when to apply it and mitigating any potential impact on cash-flow.

Fortunately, we can advise on all of these aspects, no matter how complex your business structure might be or how many sub contractors are involved in your projects. Whether you are in property development, rental, contracting or general trades and professions, we will take the time to understand the business as a whole, to see the bigger picture and help you plan effectively for the long term.

Friendly professional service

“Thomson Cooper provide a friendly, professional service.”

– Marjorie Scott, Director, Campion Homes

Who to talk to

alan mitchell thomosn cooper

Alan Mitchell

Managing Partner

Sharon Collins

Partner

Talk to us

A conversation is the best way for us to learn about your goals and needs and for you to explore our services.