Construction Accounts

Construction Accounts Made Easy

You’ll be forgiven for thinking construction accounts are something you just need to do for HM Revenue & Customs at the end of the year. However, they are so much more than that.

Used properly they are a crucial tool we can use to understand your business better. They reveal where are the profits really coming from, how can you make more profit, and what your business is worth. Make better decisions.

Having said all that, accounts are a specialist topic and can take too long if you don’t know what you are doing. It’s essential that they are done correctly and on time, to keep your business compliant.

We ensure you keep more efficient records and your accounts are in order and submitted on time. They will be in full compliance with the requirements of HMRC and any other relevant bodies, such as the Charity Commission.

Making Tax Digital

Making Tax Digital (MTD) is a government initiative to move tax and VAT returns onto the cloud. In fact, VAT was the first tax to be phased into MTD from April 2019.

Here at Accurox, we use cloud construction accounting software, Xero. Moreover, we’ll set up your business with Xero, to ensure your business is MTD compliant.

Would You Like More Freedom?

Allow Accurox to take over your VAT accounting and submission on your behalf and feel the freedom.

As part of streamlining your accounts process, we’ll set you up with Xero (it’s a smart online accounting software). Xero will simplify day to day tasks such as invoicing, payroll, reporting and more. It’s a great way for you to stay in control of your day-to-day finances, eliminating the hassle and worry of old-fashioned bookkeeping. Similarily, it helps us give you a quicker, sleeker service when it comes to auditing and submitting your accounts.

All of which adds up to giving you the time, mobility and freedom to do what you are best at: running your business.

We will take over as much or as little of the day-to-day accounting activities as you like. Including the following:

• Generate your returns
• Complete and check them
• Submit your returns by the deadline
• Submit corporate accounts
• Make payments to HMRC as your agent