Our Services Packages Accounting & Bookkeeping Services

virtual assistant bookkeeping construction industry

“We save tons of time and money, and we have stopped paying an unnecessarily high amount of tax. The company is run by managing director Karl Harrison, who is a board member of the Association of Professional Landscapers, and operates the business from the Sky House design centre in Amersham, in Buckinghamshire. So you’ve chosen a number of potential accountants and it’s time to whittle them down. Hiring a chartered accountant will offer your construction company a safety net in the event things go wrong. That’s not a luxury afforded to those who choose an unregulated accountant. They have passed a series of rigorous examinations in financial management, auditing, business strategy and taxation, and committed to continuing professional development to keep their skills up to date.

What if you’re working for a contractor, but still hiring subcontractors yourself? Your contractor will still make CIS deductions before paying you as normal. The amount you end up sending to HMRC depends on which is higher – the amount the contractor took from your pay, or what you’ve taken from your subcontractors.

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Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be. Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice. Accounting & Advisory Every business, no matter how large or small, has to make the correct choices, and figuring out how to effectively manage your accounts might raise a lot of questions.

  • This could include overseas aspects, group registration for VAT, Making Tax Digital , multiple accounting systems or consolidated VAT Returns.
  • If you know any small business owners, or if a friend knows someone you could get ad hoc jobs for which is good for the CV and your skills.
  • Rosemary Bookkeeping can help you complete your monthly return so that at the end of the financial year all information required by HMRC will have been submitted.
  • Add multiple advanced filters to customize the report the way you want to view it.
  • A virtual assistant is a contractor who performs administrative tasks on behalf of a company or client, usually they do this remotely from a home office or other location.

Download our VA brochure to find out more information about how we are helping businesses, costs and much more. When looking for someone to handle your finances or tax work, you’ll want to appoint the best accountant who you can trust and hold to account. It’s also unlikely they will go above and beyond, delivering the administration required for managing your accounts.

Patrycja Kowolik – Accounts Assistant

All of our services are provided by our team of Association of Accounting Technicians qualified bookkeepers, highly experienced bookkeeping experts and certified accountants. Saint VA is your solution to peace of mind, clarity and a good night sleep! We work with you in supporting and growing your business ensuring that you’re not juggling everything at once. We know your time is valuable so take the first leap to reclaiming your time and be set up with your very own virtual assistant in less than 24 hours. Under the CIS, you are faced with having to complete and submit an annual tax return to claim what may be a fairly significant tax refund.

virtual assistant bookkeeping construction industry

You may feel your only option is to pay to use a tax agent to assist you. If you work under the CIS, you will need to file a Self Assessment tax return and your refund will be reconciled as part of this. Where tax is deducted under the CIS and you are on a lower income, a refund will normally arise because of the expenses of the trade and because you will normally have personal allowances available. Having a trusted adviser who you can lean on for support with new legislation, as well as offering advice so you can stay on top of your finances and grow your business, could prove invaluable.


My main duties consist of bookkeeping, preparing tax returns for individuals as well as assisting with VAT returns and accounts preparation for a variety of businesses. I assists our clients with a wide variety of tax and accounting issues. My duties include advising clients on business systems and creating efficient timesaving solutions. I also specialises in accounts for medical General Practitioners and other medical professionals including specialist knowledge of the NHS Pension Scheme. K Green Accounting & Business Services is a small, personal and friendly team owned and led by Kirsty.

  • It’s also unlikely they will go above and beyond, delivering the administration required for managing your accounts.
  • CIS covers all ‘construction’ work– this includes decoration, repairs, site preparation demolition and related work.
  • We also continue to cross train our teams to ensure each client has a backup strategy ensuring cover when their lead VA is on holiday or sick.
  • Working closely with my clients and understanding their business is key when it comes to delivering value-add account reporting that is aimed to provide the business with the tool to make key decisions.
  • We provided payroll, VAT returns and EEC services to his clients in France and all the year-end accounts and personal tax returns.
  • Many of our packaged services include completion of Personal Tax Returns, designed for contractors and business owners.
  • Our approach is tailored to the needs of each individual client, and we build personal relationships to make sure that our clients can have complete trust in what we do.

Learn about the Construction Industry Scheme and your legal responsibilities, and find out about the new VAT reverse charge for construction. The VAT domestic reverse charge and Making Tax Digital real estate bookkeeping may be two challenges you need to face now but there will be more legislative issues to stay on top of in the future. “It frees up a load of my time for me to focus on marketing and winning work.

Jamie Brown Co-Founder – Chicmi Limited

Create budgets, projects, and sub-tasks to keep your construction organized. Adding crucial tasks to your dashboard makes it easy to monitor them until completion. You can also track the expenses incurred for the project from start to finish, including labor, material, quality control, warranties, and overhead costs. You can add subcontractors as vendors to bill them for their services and add contractors as customers to send them invoices.

What does a virtual assistant bookkeeper do?

Virtual assistant bookkeepers are similar to in-house bookkeepers. They manage your business finance, remind you to pay bills, help you calculate tax, and manage money. What makes a virtual assistant bookkeeper different is that they work remotely and only when you need their services.

This may make the process of online submissions and preparation of VAT returns data and time intensive. At Spondoo, we have expertise in accountancy, data analysis and software development, so can help with your VAT data challenges. In such cases, on the basis that a fee will have been deducted already by the tax refund organisation, the HMRC debt may well be more than the financial benefit you received in the first place.

As with any self-run business, you’ll want to scope out how much other VAs are charging for their business and where you fit into that. As established virtual assistants in Oxfordshire with decades experience, we can assess your needs and start to help straight away. Working closely with my clients and understanding their business is key when it comes to delivering value-add account reporting that is aimed to provide the business with the tool to make key decisions.

  • For more information on how Sage uses and looks after your personal data and the data protection rights you have, please read our Privacy Policy.
  • Advanced accountancy firms are fully embracing the UK government’s Making Tax Digital scheme – HMRC’s plan to become one of the most digitally advanced tax administrations in the world.
  • We have used Nordens for the last 5 years and have had a great service throughout.
  • All our competitive monthly fees have a fixed price and are inclusive, with no hidden costs.
  • Identified by the letters ACA or FCA , chartered accountants have undertaken a minimum of three years’ in-depth training.
  • Bear in mind that you’ll be competing with VAs around the world so it can be a bit of a race to the bottom when offering the most competitive fees, but this can be a great place to build experience and grow your network.
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