A construction client kept asking to be switched back to me every time the big firm reassigned him.
Nasir Rasheed, Director
Accountant for construction businesses who handles CIS, retentions and payroll, and tells you your tax bill early
Accountant for construction businesses with staff, subcontractors, retentions and real overheads. Run by Nasir Rasheed MAAT AATQB from Milton Keynes, working with contractors across the UK remotely.
Most construction directors I meet have never been asked whether their VAT scheme still fits now they buy materials and subcontract labour. One of my clients asked his old firm, twice, to put him back with me. There is a reason for that.
Nexus Tax and Accounting Solutions is a Milton Keynes accountant for established construction companies, run by Nasir Rasheed MAAT AATQB. One monthly fee covers accounts, corporation tax, VAT, CIS and payroll, the director’s self assessment and tax planning, including a corporation tax forecast a month before the bill lands.
Accredited and certified
- Nasir Rasheed MAAT AATQB
- Established 2024
- Three new clients a month
- Milton Keynes · UK-wide remote
What you get with Nexus
Your tax bill, a month before it lands
Corporation tax and dividend headroom are forecast before the year end, so the cash is set aside on purpose.
A VAT scheme picked for how you actually buy
Standard, flat rate or cash accounting, chosen against your materials, subcontractors and payment terms, rather than left as it was at registration.
CIS, payroll and retentions on a routine
Verifications, deductions and monthly returns run to schedule, and retentions are recognised properly in the accounts.
Three decisions construction directors make without advice
Each of these was a real decision made on numbers nobody had checked.
- Tax bill
“The corporation tax bill turned up the week it was due and I had just paid out for a new van and two weeks of subbie invoices.”
He borrowed to pay it. A forecast a month earlier would have changed which week he bought the van.
- Hire
“We put two more lads on the books and nobody told me what it did to payroll cost or margin until the year end.”
The hire was right. He priced the next three jobs without knowing what it had cost him.
- Switch
“I was on my fourth account manager in two years and had to explain retentions and CIS to every one of them.”
Every handover cost him time he had already paid for. He moved to someone who knew the job.
- Day 90
What changes once the advice is in the room
You know the corporation tax number before the year end, so the van, the hire and the dividend are timed on purpose. Your VAT scheme is checked against how you buy materials and engage subcontractors. When a main contractor changes payment terms, you get an answer from Nasir that week.
Quick check · no email
If your accountant can’t tell you whether your VAT scheme still fits, what your corporation tax bill will be before it lands, and reply to you this week, you have the wrong accountant
Answer three questions about the accountant you have now.
Question 1 of 3
Could they tell you this week whether your VAT scheme is the right one for a business buying materials and paying subcontractors?
Could they tell you your corporation tax and dividend position a month before the year end?
Could they get back to you themselves this week, without a new account manager picking it up?
That is a real gap, and it usually shows up as a tax bill you did not plan for. The set-up review is where it gets fixed.
You are in a reasonable position with one area nobody has checked. Read the two entries below and see which one describes your firm.
You are well served, and there is no reason to move. Read the guides if you want a second view on CIS and VAT.
A firm that only files, against advice you can act on
Both file on time. Only one of them changes a decision you are about to make.
The firm that just files
Accounts arrive months after the year end, correct and late to be useful.
The VAT scheme is whatever was chosen when you registered.
You speak to whichever account manager has your file this year.
Advice is available, priced by the hour, once you ask for it.
Nexus
Corporation tax and dividend headroom forecast before the year end.
VAT scheme reviewed against your materials, labour and payment terms.
You deal with Nasir, because new clients are capped at three a month.
Planning is part of the monthly fee on a fair-use basis.
Eight things worth checking in your own set-up
Run through these before your next year end.
- 01
Has anyone reviewed your VAT scheme since you registered?
Materials and subcontract labour change the answer.
- 02
Do you know your corporation tax number before the year end?
If not, the bill decides your cash flow for you.
- 03
Are CIS deductions and monthly returns run on a routine?
Late returns cost money that has nothing to do with the work.
- 04
Are retentions recognised properly in your accounts?
Otherwise your margin on paper is not your margin.
- 05
Is your salary and dividend split still the right one?
Most have not been looked at since incorporation.
- 06
Do you know your dividend headroom this month?
Taking more than the reserves allow creates a problem later.
- 07
Do you know your payroll cost per head when you price a job?
Pricing without it is guessing on your biggest cost.
- 08
Do you speak to the same person every time you call?
Explaining CIS to a new manager each year is time you paid for.
What Nexus runs for a construction company
One monthly fee covers the filing and the planning together.
Accounts, corporation tax and CIS
Year-end accounts, CT600 and confirmation statement, prepared from books that reconcile, with CIS returns run to schedule.
VAT returns and scheme review
Returns filed and the scheme checked against how you buy materials and where the domestic reverse charge applies.
Payroll, pay structure and forecasting
Payroll and pensions run on schedule, with salary and dividend planning and a corporation tax forecast a month ahead.
Entry 01
What one construction client did when his firm kept reassigning him
One story from the practice, and one promise that applies to every client.
Clients described by type. Names withheld.
What clients say
What the first ninety days look like
Four steps, starting before you commit to anything.
You find out whether this is a fit
The quiz takes two minutes, then Nasir tells you honestly whether moving would be worth it.
Books current, handover done
Professional clearance and records collection are handled, and bookkeeping gets a routine so the numbers are current.
VAT scheme and pay structure decided
Structure, VAT scheme, salary and dividends and software are reviewed, with a written list of what to change and why.
You know the tax number in advance
Corporation tax and dividend headroom are forecast, and a check-in every few months flags anything early.
Who this is not for
Start-ups in their first or second year, where there is little yet to plan around.
Sole traders under £150,000 turnover, where incorporation is not the obvious move.
Cash businesses and property-only landlords.
Owners buying on price alone, who want filing and no conversation.
If you are not sure which side of that you sit on, the set-up review will tell you before anything is signed.
Questions construction directors ask
What does an accountant for construction businesses include in the monthly fee?
One monthly fee covers year-end accounts, corporation tax, the confirmation statement, VAT returns, bookkeeping, payroll and pensions, CIS returns and the director’s self assessment. Tax planning is included on a fair-use basis: VAT scheme review, salary and dividend planning and a corporation tax forecast a month before the bill lands. The fee is scoped after Nasir has reviewed your set-up.
We already have an accountant, so is it worth moving?
Only if something is missing. The usual reasons construction directors move are a tax bill that arrives the week it is due, a VAT scheme nobody has checked since registration, and a new account manager every year. If your current accountant covers all three, stay where you are.
Do we have to change our accounting software?
No. Nexus works with what you already use, as long as the records are usable and the routine is kept up. Software is one of the four things reviewed when you join, and if a change would genuinely help, Nasir will tell you why. If it would not, he will say that too.
What happens with our current accountant when we switch?
You do not chase them yourself. Nexus writes for professional clearance, collects the records and deals with the handover, then runs the set-up review and sets out the first-year timetable so nothing is missed between the two firms. There is no separate charge for the handover.
Do you handle CIS returns and subcontractor verification?
Yes. Subcontractor verification, deduction statements and monthly CIS returns are part of the routine, alongside payroll for the staff on the books. Retentions are dealt with in the accounts so your reported margin reflects what you have actually earned on each job.
Can an accountant for construction businesses in Milton Keynes work with us remotely?
Yes. Nexus is based in Milton Keynes and works with construction companies across the UK remotely, including Bedford, Northampton, Luton and London. Nasir rarely needs to meet in person. Calls, email and the quarterly check-ins cover the work, and you deal with him rather than a rotation of account managers.
Three ways to take the next step
Book the set-up review
Nasir checks your structure, VAT scheme, pay and software, then gives you a written list of what to change and why.
See if Nexus is a fit 02 · A question firstGot a question about CIS or retentions?
Call or email and Nasir answers it himself, before you decide anything about moving.
Ask Nasir a question 03 · Still decidingStill deciding
The guides cover VAT schemes, CIS and what a corporation tax forecast should actually tell you.
Read the guides →