At Sunny Accountants, we appreciate that construction remains one of the most volatile sectors in the UK economy, and as such, great care must be taken to ensure effectiveness and a competitive edge.

Did you know that the reduced rate of vat of 5% may be applicable to your conversion of a commercial building to residential? We are on hand to advise on all the finer details of HMRC’s VAT Notice 708.

We work with both CIS contractors and CIS sub contractors and our experts are here to help you issues such as the complexities of the CIS scheme and the multitude of VAT rates attached to different projects.

We aim to maximize your performance through:

  • Dealing with all of your CIS administration and submitting returns to HMRC
  • Advising you of your responsibilities under the CIS scheme
  • Advising on different VAT rates attached to projects
  • Using specific case law and current legislation to advise on the tax treatment of certain expenses
  • Applying for dispensations with HMRC to avoid needless paper trails
  • Claiming your tax repayment and chasing with HMRC until completion
  • Assisting you with incomplete records

Require more information?

If you would like more information or would like to speak to us direct then call us on 01623 559362. Or if you would prefer, ask us a question online.