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TCW Accounting Solutions

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TCW Accounting Solutions

Your business success is our goal. We are a provider of professional accountancy and business solutions.

24/05/2026

Choosing a payroll provider is not just about getting payslips processed.

It is about choosing a partner who understands the bigger picture of your business.

A few questions worth asking:

• Does your provider understand payroll in the context of tax, compliance, cash flow and business operations?
• Can they spot risks, trends or opportunities before they become problems?
• Do you have direct access to experienced professionals who know your business?
• Are you receiving practical advice as your business grows and changes?
• Can your provider support you beyond payroll with wider financial and business guidance?
• Do you feel like a valued client or simply another ticket in a queue?

Payroll does not operate in isolation.

It connects to pensions, HMRC compliance, workforce planning, business costs, reporting and employee experience. When handled properly, it becomes part of a stronger business strategy, not just an admin function.

At TCW, we do more than process payroll.

As accountants and business advisers, we support businesses with the wider picture too, helping clients navigate compliance, growth, efficiency and change with confidence.

That means joined-up support, practical advice, and experienced professionals who understand how payroll fits into the reality of running a business.

Because good payroll is not just about accuracy.
It is about trust, insight and having the right people beside you when decisions matter.

10/05/2026

Construction pricing needs a tax review

If your construction business has employees, subcontractors, VAT, CIS and rising costs, pricing needs to reflect the full picture.

The 2025/26 changes affect employment costs, compliance time, software costs and admin requirements.

That means your quote for a job needs to account for more than materials and labour.

Think about:

Payroll costs
Employer National Insurance
CIS admin
VAT position
Software costs
Bookkeeping time
Professional fees
Cash flow gaps
Tax payments

Strong pricing starts with strong numbers.

TCW helps construction businesses understand the figures behind the work.

09/05/2026

Construction businesses need better records before 2026

The direction of travel is clear: more digital records, more frequent submissions and closer HMRC visibility.

For construction businesses, this means bookkeeping needs to be practical, current and reliable.

That includes:

Receipts
Invoices
Mileage
Materials
Subcontractor payments
Payroll records
CIS deductions
VAT records
Bank feeds
Software access

Good records are not just for year end. They help you price jobs, manage cash flow and understand whether the business is making money.

TCW can help construction businesses set up bookkeeping systems that work in real life.

08/05/2026

Self Assessment for construction workers

If you are a sole trader, CIS subcontractor, landlord or company director with untaxed income, Self Assessment still needs to be handled carefully.

Filing early gives you time to understand:

Your tax bill
CIS deductions
Payments on account
Allowable expenses
Potential refunds
Cash flow for January and July

For CIS subcontractors, accurate records can make a significant difference, especially where tax has already been deducted at source.

TCW provides Self Assessment tax returns for construction workers from £150.

Get your records in early and give yourself time to plan.

07/05/2026

Limited company contractors need to review salary and dividends

For limited company contractors, the 2025/26 tax year makes salary and dividend planning worth another look.

The right approach depends on your company profits, other income, National Insurance position, dividend tax, corporation tax and whether Employment Allowance applies.

A strategy that worked last year may still work, but it should be reviewed against current rates and your wider plans.

Consider:

Salary level
Dividend timing
Corporation tax
Employer National Insurance
Personal tax bands
Pension contributions
Cash retained in the company

TCW can help limited company contractors review their structure and make informed decisions.

06/05/2026

Selling a construction business or asset?

Capital Gains Tax planning deserves attention if you are thinking about selling a business, shares or business assets.

The annual exempt amount is now only £3,000, and Business Asset Disposal Relief is changing.

The guide highlights that the BADR rate is 14% for 2025/26 and increases to 18% from April 2026.

For construction business owners considering a sale, restructuring, retirement planning or disposal of shares, the timeline is important.

Tax planning around a sale needs time. The structure, dates, ownership, reliefs and records all matter.

TCW can support construction business owners with tax planning, accounts and practical preparation before major decisions are made.

05/05/2026

IR35 changes may affect contractors

From April 2026, the thresholds used to define a small company for IR35 purposes are increasing.

Where a client qualifies as small, the contractor usually carries responsibility for assessing their own IR35 position.

The new company size thresholds will mean more businesses may fall within the small company category.

For contractors, this creates more flexibility, but also more responsibility.

It is worth reviewing:

Your contracts
Your working practices
Who controls the work
Whether substitution is realistic
How you are paid
Whether you are genuinely in business on your own account

IR35 is about the full working relationship, not just the written contract.

TCW can help construction contractors understand where tax, payroll and business structure need closer review.

04/05/2026

Making Tax Digital is coming for many CIS workers

Making Tax Digital for Income Tax starts from April 2026 for many self-employed individuals and landlords with income over £50,000.

For CIS subcontractors, this means digital records, compatible software and quarterly updates to HMRC.

This is a shift in how tax is managed.

Instead of pulling records together once a year, income and expenses will need to be maintained throughout the year.

CIS workers will need systems that can handle:

CIS income
Business expenses
Digital records
Quarterly updates
CIS deductions
Tax estimates

The best time to get used to digital bookkeeping is before it becomes mandatory.

TCW can help CIS workers and construction sole traders prepare for Making Tax Digital with practical support and simple systems.

03/05/2026

CIS compliance needs careful handling

CIS deduction rates may be unchanged, but compliance remains a major issue for construction businesses.

The usual CIS deduction rates are:

Registered subcontractor: 20%
Unregistered subcontractor: 30%
Gross payment status: 0%, where qualifying conditions are met

The real risk is in the process.

Before paying subcontractors, you need to make sure they are verified correctly, the right deduction rate is used, monthly CIS returns are submitted, and deduction statements are issued.

CIS errors can create penalties, under-deductions and messy conversations with HMRC.

Good CIS admin protects the contractor and the subcontractor.

TCW supports construction businesses with CIS returns, verification, deduction statements and record-keeping.

02/05/2026

The VAT threshold is still £90,000

The VAT registration threshold remains at £90,000.

For growing construction businesses, that number matters.

You may need to register for VAT if your taxable turnover goes over £90,000 in any rolling 12-month period, or if you expect to exceed that figure in the next 30 days alone.

This can happen quickly in construction, especially where material costs, subcontractor work and project values are rising.

VAT registration can affect:

Your pricing
Your domestic customers
Your cash flow
Your admin
Your software
Your quarterly reporting

It can also create opportunities if you work mainly with VAT-registered clients and have input VAT to reclaim.

TCW can help you monitor your turnover, register at the right time and choose the most suitable VAT approach for your business.

Address

Remote Office Address: 15 Station Road
Carcroft
DN68DB

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.tcwaccounts.co.uk/

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