C F W Accountants LLP

CFW Accountants LLP, has been providing expert advice and accountancy services to the construction sector.

At CFW Accountants LLP we are experts in construction, which can be a complicated industry to operate in.

We have experience in dealing with numerous contractors within Northamptonshire and across the UK, providing taxation advice specifically regarding the Construction Industry Scheme (CIS).

Talk to an expert

There can be numerous trades involved in construction, which include:

  • Bricklayers
  • Carpenters
  • Demolition and dismantling
  • Electricians
  • Groundworkers
  • Plumbers

It is important to note that CIS rules still apply even if your business is based outside the UK, but you carry our construction work as a contractor or subcontractor in the UK.

Talk to our team to find out how we can help you with CIS and let us take the hassle away from you.

We can help you with:

  • HMRC registration
  • Ontime payments within CIS and avoid penalties
  • Keep you accounts in order
  • Updating you with any changes to CIS

C F W Accountants LLP support the following sectors.

Charities

Our team will provide the insight and expertise you need, whether that is with tax, VAT, compliance or one of the many other challenges you face, we can help. We will make sure you receive the best service possible, allowing you to minimise risk and ensure you are complying with all regulations.

Property & Landlords

We can help advise across any taxation, legislative and contracting issues that occur.

Construction

We have experience in dealing with numerous contractors within Northamptonshire and across the UK, providing taxation advice specifically regarding the Construction Industry Scheme (CIS).

Latest news from C F W Accountants LLP

April 26, 2024
Don’t get caught out by tax avoidance

HM Revenue and Customs (HMRC) are running a campaign to help people avoid being caught out by tax avoidance schemes. This is particularly relevant to those who are contractors, agency workers, or are working through an umbrella company.

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April 24, 2024
Inflation falls in March

According to the latest figures released by the Office for National Statistics, the Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024. This is down from 3.4% in February.

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April 22, 2024
Procurement – can the principles work for smaller businesses?

The government recently published a press release congratulating its procurement department on its 10th anniversary for saving taxpayers £3.8 billion last year.

Read article
April 19, 2024
Have you checked your tax code?

Prior to the tax year starting each 6 April, HM Revenue and Customs (HMRC), will issue new tax codes to employees, usually where there is a change of tax code.

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April 17, 2024
Is your business Disability Confident?

New Disability Confident guidance has been published to help managers recruit, retain, and foster the progression of disabled people and those with health conditions in the workplace.

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April 15, 2024
Unleash the power of generative AI: A potential game-changer for your business

As accountants, we understand the importance of leveraging technology to drive efficiency and innovation in business operations. In this article we will introduce you to the concept of generative artificial intelligence (AI) and the transformative power it could have for your business.

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April 12, 2024
What is the future for the National Minimum Wage?

The Low Pay Commission (LPC) has published a report on the future of the National Minimum Wage beyond 2024.

Read article
April 10, 2024
April is Stress Awareness Month

The Health and Safety Executive (HSE), via their Working Minds campaign, has declared April Stress Awareness Month.

Read article
February 21, 2024
Companies urged to file accounts early and online to avoid penalties

Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time.

Read article
December 8, 2023
Changes to UK company law

The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 and will introduce a number of changes over the next few years.

Read article
December 8, 2023
The Unified R&D Tax Credit Scheme

The UK government has announced reforms to its Research and Development (R&D) tax credit system. This transformation seeks to combine the Research and Development Expenditure Credit (RDEC) and the SME relief into a singular scheme, effective from accounting periods beginning on or after 1 April 2024.

Read article
March 21, 2024
High-Income Child Benefit Charge

In an effort to reduce unfairness, during the Spring Budget on 6 March 2024, Chancellor Jeremy Hunt announced the thresholds for the High-Income Child Benefit Charge will be increased from 6 April 2024. This will affect any higher rate earner who is entitled to claim Child Benefit.

Read article
March 22, 2024
Are you or your employees making good use of Tax-Free Childcare?

Tax-Free Childcare is available to working families to help them save on their childcare costs. However, many may not be making use of this provision and with the Easter break soon upon us, HM Revenue & Customs (HMRC) is encouraging families who have not yet signed up to consider doing so.

Read article
March 25, 2024
Increase to small company thresholds

Thresholds based on a company’s accounts and employee numbers determine whether a company is categorised as small or not. Being able to qualify as a small or medium sized business can cut red tape for a business with the reduced amount of both non-financial and financial reporting a small or medium sized business is required to do.

Read article
March 27, 2024
Employers – Are you ready for the new tax year?

The new tax year begins on 6th April and for employers running monthly payrolls, the March pay run will be the last of the 2023/24 tax year.

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March 28, 2024
Major reforms to apprenticeships announced

The Prime Minister, Rishi Sunak, has announced reforms to apprenticeships that will enable up to 20,000 more apprenticeships and could be especially welcome news to small businesses.

Read article
February 21, 2024
Companies urged to file accounts early and online to avoid penalties

Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time.

Read article
December 8, 2023
Changes to UK company law

The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 and will introduce a number of changes over the next few years.

Read article
December 8, 2023
The Unified R&D Tax Credit Scheme

The UK government has announced reforms to its Research and Development (R&D) tax credit system. This transformation seeks to combine the Research and Development Expenditure Credit (RDEC) and the SME relief into a singular scheme, effective from accounting periods beginning on or after 1 April 2024.

Read article
March 21, 2024
High-Income Child Benefit Charge

In an effort to reduce unfairness, during the Spring Budget on 6 March 2024, Chancellor Jeremy Hunt announced the thresholds for the High-Income Child Benefit Charge will be increased from 6 April 2024. This will affect any higher rate earner who is entitled to claim Child Benefit.

Read article
March 22, 2024
Are you or your employees making good use of Tax-Free Childcare?

Tax-Free Childcare is available to working families to help them save on their childcare costs. However, many may not be making use of this provision and with the Easter break soon upon us, HM Revenue & Customs (HMRC) is encouraging families who have not yet signed up to consider doing so.

Read article
March 25, 2024
Increase to small company thresholds

Thresholds based on a company’s accounts and employee numbers determine whether a company is categorised as small or not. Being able to qualify as a small or medium sized business can cut red tape for a business with the reduced amount of both non-financial and financial reporting a small or medium sized business is required to do.

Read article