Building and construction

The construction industry is an essential part of the economy. It provides jobs, homes and businesses for many sectors across the country.

This isn’t to say it’s without its challenges. The construction industry faces a variety of legislation and regulations which can make some processes rather complicated. That’s why Sullivans works closely with professionals in the industry, to help them navigate the intricacies of the Government’s guidelines.

As the manager or owner of a construction business, it is your legal responsibility to consider and determine your subcontractor’s IR35 status. The onus of this, as well as keeping on top of tax obligations, falls on you. We will take this responsibility and keep you compliant with HMRC.

Not only will you have to make tax deductions for IR35 regulations, but will also have to consider the construction industry scheme (CIS). If some employees are part of the scheme and others aren’t, this can make organising payroll and HMRC deductions a more complicated tax. Again, we can do all of this for you.

Our other services for the construction sector include:

• VAT registration and returns
• Tax reliefs
• Business structuring and planning
• Corporate finance.