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Construction Accountant & CIS Compliance Specialists

Severn Accounting is your specialist construction accountant in Worcester, providing expert accounting services for construction companies, M&E contractors, and building trades across Worcestershire and the West Midlands. Our dedicated construction accounting team understands the unique challenges of the Construction Industry Scheme (CIS), project accounting, and construction business cash flow. From CIS compliance and subcontractor management to job costing and tax planning, we help construction businesses stay compliant and maximize profitability.

Most, however, are not experts in the legal and financial aspects of running a business and such matters can appear daunting. Fortunately, you do not need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts.

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Our Construction Accounting Services

CIS Compliance & Returns

The Construction Industry Scheme is complex—but we make it simple. Our construction accountant team handles all aspects of CIS compliance, ensuring you meet HMRC requirements without the administrative burden.

Services include:

• Monthly CIS return preparation and submission

• CIS deduction calculations (20% standard, 30% higher rate)

• Subcontractor verification with HMRC

• Gross payment status applications

• CIS300 monthly statements

• Reverse charge VAT for construction services

• HMRC compliance monitoring

We ensure every subcontractor is verified, every deduction is correct, and every deadline is met.

Subcontractor Management

Managing multiple subcontractors? We verify status, calculate deductions, and maintain compliant records for every payment.

• HMRC subcontractor verification

• Gross vs. net payment status tracking

• CIS deduction calculations

• Monthly payment statements to subcontractors

• Subcontractor ledger management

• CIS certificate tracking

Our systems ensure you never miss a verification or make an incorrect deduction.

Construction Project Accounting

Know which jobs are profitable. Our project accounting tracks costs by job, helping you price accurately and improve margins.

• Job costing by project

• Work-in-progress (WIP) accounting

• Contract accounting

• Material and labour cost tracking

• Profitability analysis by project

• Cash flow forecasting for long-term contracts

• Retention accounting

See exactly where you're making money—and where you're not.

Construction Bookkeeping

Construction bookkeeping is different. We understand retention, stage payments, and the complexities of construction finances.

• Daily transaction recording

• Supplier invoice management

• Customer invoicing and debt collection

• Bank reconciliation

• Purchase ledger (materials, subcontractors)

• Sales ledger (applications and valuations)

• Cloud accounting setup (Xero, QuickBooks, Sage)

• Mobile receipt capture for site costs

Why Choose Severn as Your Construction Accountant?

Construction Industry Specialists

We don't just do general accounting—we specialize in construction. Our construction accountant team understands CIS compliance, project accounting, retention, and the unique cash flow challenges of construction businesses in Worcester and across the West Midlands.

CIS Compliance Guaranteed

CIS mistakes are costly. We guarantee accurate, on-time CIS returns with full HMRC compliance. Our systems ensure every subcontractor is verified, every deduction is correct, and every deadline is met. No penalties, no investigations.

Profitability Focus

Good construction accounting isn't just about compliance—it's about profitability. Our project accounting and job costing services help you identify profitable work, price accurately, and grow margins. We help construction firms in Worcester and Birmingham understand their true costs and maximize returns.

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Who We Work With

Main Contractors

Large project management, subcontractor coordination, retention accounting, and long-term contract accounting for established construction firms..

Subcontractors

CIS deduction management, gross payment status applications, simple bookkeeping, and tax planning for self-employed trades across Worcester and the West Midlands.

M&E Contractors

Mechanical and electrical specialist accounting, design and build contract accounting, equipment capital allowances, and high-value project tracking.

Specialist Trades

Electricians, plumbers, carpenters, and other trades. Small trade business accounting, CIS and self-employed tax, growth from sole trader to limited company.

Common Construction Accounting Challenges We Solve

Please reach us at info@severnaccounting.co.uk if you cannot find an answer to your question.

Challenge: CIS returns are time-consuming and confusing

Solution: We handle all CIS compliance—verification, calculations, and submissions—so you can focus on building.

Challenge: We don't know which projects are profitable

Solution: Our project accounting tracks costs by job, revealing true profitability and improving pricing.

Challenge: Cash flow is unpredictable with retention and stage payments

Solution: We provide cash flow forecasts that account for retention releases and payment schedules..

Challenge: We're worried about HMRC CIS investigations

Solution: Our meticulous CIS compliance and record-keeping protects you from penalties and investigations...