VAT
Navigating complex construction VAT including Domestic Reverse Charge, keeping you compliant and maximising cash flow.
Accountants & Advisors for the
Construction Industry.
Navigating the complex landscape of the construction industry requires not just experience, but a profound understanding and specialisation. At Nordens, we speak your language, understand your challenges, and foresee opportunities for growth.
Industry Challenges
We understand your challenges.
Complex VAT & CIS
The Domestic Reverse Charge, CIS deductions and VAT flat rate nuances create a compliance minefield unique to construction.
Cash Flow Volatility
Retentions, stage payments and subcontractor costs create unpredictable cash flow patterns that need specialist management.
Contract & Project Accounting
Multiple concurrent projects, each with their own P&L, make financial visibility incredibly challenging without the right systems.
How We Help
Tailored services for construction.
Cloud Accounting & Bookkeeping
Access your financial information from anywhere with Xero and Dext — real-time project-level visibility.
Annual Accounts
More than a regulatory hoop — your business's yearly health check ensuring you're thriving.
Company Formations
Starting a new venture? From legal structures to strategic planning, we've got your back.
Forensic Accounting
Financial detectives diving deep to uncover facts, protect your assets, and keep your integrity spotless.
Management Accounting
Real-time financial information by project, contract and division for informed decision-making.
Construction Knowledge
Construction insights.
FAQ
Common questions.
Do you specialise in construction accounting?
Yes. Construction is one of our core specialist sectors. We understand CIS, reverse charge VAT, contract accounting and the unique cash flow challenges of the industry.
Can you help with CIS returns?
Absolutely. We handle all CIS compliance including contractor and subcontractor returns, ensuring correct deductions and timely submissions to HMRC.
How can a construction industry accountant help me improve my cash flow management?
We provide valuable insights into managing operating cycles, reducing the gap between expenditures and receipts. This involves meticulous contract analysis, strategic timing of accounts payable and receivable, and expert advisement on leveraging lines of credit.
What are the critical financial metrics that a construction accountant should monitor?
We closely monitor work in progress (WIP) reports, gross profit margins on jobs, and the ratio of current assets to liabilities to assess your company's short-term financial health.
How can a specialist accountant aid in tax planning for construction?
We bring in-depth knowledge of tax laws specific to construction, including unique deductions, credits, and strategies to optimise tax outcomes — ensuring adherence to legal obligations while maximising tax efficiency.
In what ways can a construction accountant contribute to long-term growth?
We help identify growth opportunities through expansion, diversification, or strategic partnerships. Our expertise allows for evaluation of investment opportunities, risk assessment, and financial forecasting aligned with your objectives.
Ready to work with Construction specialists?
Get in touch and let's talk about how we can help your business.
Explore other industries
Property Investors & Landlords
Strategic tax and advisory for property investors and landlords.
Technology
Accountants and advisors who understand the tech landscape.
Neurodivergent Business Owners
Accountancy that works with your brain, not against it.
Recruitment
Specialist accountants and advisors for the recruitment industry.
Professional Services
Expert accountants for law firms, consultancies and professional services.
Sports, Media & Entertainment
Specialist advisors for athletes, entertainers and media professionals.