Most electricians I meet have never had anyone check the VAT scheme they were put on at registration.
Nasir Rasheed, Director
Accountant for electricians: VAT scheme, CIS and payroll sorted in the first ninety days
Accountant for electricians running an established limited company, with the VAT scheme, CIS deductions and a small payroll reviewed and put on a routine you can rely on.
Most electrical contractors were put on a VAT scheme years ago and nobody has looked at it since. The salary and dividend split usually has the same story. Here is what the first ninety days with Nexus actually change.
Nexus Tax and Accounting Solutions is a Milton Keynes accountancy practice run by Nasir Rasheed MAAT AATQB for electrical contractors trading as limited companies, in Milton Keynes and UK-wide. One monthly fee covers accounts, corporation tax, VAT, CIS, payroll and the director’s self assessment, with a VAT scheme review and a corporation tax forecast a month ahead included.
Accredited and certified
- Nasir Rasheed MAAT AATQB
- Established 2024
- Three new clients a month
- Milton Keynes · UK-wide remote
What you get with Nexus
Pay VAT on the scheme that fits your costs
Materials-heavy months and labour-only months look very different, so the scheme is chosen on your actual figures.
Know your corporation tax a month early
Your corporation tax and dividend headroom are forecast before the year end, so the money is there.
Get an answer from Nasir the same week
You deal with the accountant who did your review, not a different account manager every year.
Three decisions electricians make without anyone checking the numbers
These come up in almost every first conversation with an electrical contractor.
- VAT
“I have been on the same VAT scheme since I registered. Nobody has ever asked what I buy or who I invoice.”
The wrong scheme costs money every quarter and nothing flags it. It only shows up when someone reads the returns properly.
- CIS
“We had three subcontractors on site all summer and I worked the CIS deductions out myself in a spreadsheet.”
Late or wrong deductions sit on the company record, and the subcontractors keep chasing you for statements.
- Hire
“I wanted an apprentice and a second electrician on the books, but I had no idea what the tax year would take.”
Without a forecast the hire gets delayed or made on a guess. Both cost more than the payroll would have.
- Day 90
What changes once the advice is in the room
You start each quarter knowing the VAT scheme suits your cost mix. CIS and payroll run to a date rather than when you remember. And the corporation tax number reaches you a month before the bill, so hiring and van decisions are made on figures you trust.
Quick check · no email
If your accountant can’t tell you whether your VAT scheme is right for an electrical contractor, what your tax bill will be before it lands, and reply 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 your cost mix?
Could they tell you what your corporation tax bill will be before it lands?
Could they come back on a CIS or hiring question inside a week?
Nobody is looking at your set-up, only filing it. The set-up review is where that gets fixed, starting with the VAT scheme and the pay structure.
Your position is reasonable and one area is going unchecked. Usually it is the VAT scheme, which is the change that lowered a consultant’s bill every quarter without touching turnover.
You are well served and there is no reason to move. Use the guides if you want a second view on the VAT scheme or the dividend position.
A year-end accountant and an accountant who advises you
Both file the same returns. Only one tells you anything before the year is over.
Filing only
You hear from them once the year has closed.
The VAT scheme stays as it was at registration.
CIS and payroll are handled when you chase.
Questions go to whoever has your file that month.
Nexus
Structure, VAT, pay and software reviewed when you join.
The VAT scheme is picked on your real costs.
CIS, payroll and pensions run on schedule.
Nasir replies, and takes three new clients a month.
Eight questions about your own set-up
Answer these about your company as it stands today.
- 01
Has your VAT scheme been reviewed since you registered?
If not, it was chosen by default and your cost mix has changed.
- 02
Do you know your corporation tax bill before the year end?
Knowing it in the week it is due is too late to act.
- 03
Are CIS deductions and statements handled every month?
Subcontractor paperwork left to quarter end tends to arrive wrong.
- 04
Does payroll run on a set date with pensions filed?
A small team notices late wages faster than anything else.
- 05
Is your salary and dividend split reviewed each year?
Most were set at incorporation and never looked at again.
- 06
Do your bank and bookkeeping records reconcile monthly?
Numbers you cannot trust make every decision slower.
- 07
Can you see what a van or a hire costs you after tax?
That answer should exist before you commit, not after.
- 08
Does the person doing your accounts reply to you personally?
If the name keeps changing, nobody owns your position.
The three things electricians ask about first
Each one is part of the monthly service, not an extra you request.
VAT scheme review
Standard, flat rate or cash accounting, chosen on your materials and labour mix and revisited when the work changes.
CIS where you use subcontractors
Deductions, statements and returns handled monthly so your subcontractors and the company record both stay straight.
Payroll for a small team
Electricians, apprentices and office staff paid on schedule, pensions filed, with your own salary and dividends planned alongside.
Entry 01
One VAT scheme change, a smaller bill every quarter
A client story from the set-up review, anonymised by type.
Clients described by type. Names withheld.
What clients say
What the first ninety days with Nexus look like
Four steps, in order, from the review to your first forecast.
You find out what your set-up is costing
Nasir reviews your structure, VAT scheme, salary and dividends and software, and tells you what should change and why.
The books are current and the handover is done
Bookkeeping gets a routine, records come across from your old accountant, and CIS records are brought into the same place.
Payroll, pensions and CIS run to a date
Wages for your electricians and apprentices go out on schedule, pension filings follow, and subcontractor deductions and statements are handled monthly.
Your tax bill arrives a month before it is due
Corporation tax and dividend headroom are forecast ahead of the year end, so a hire or a new van is a decision made on numbers.
When Nexus is not the right fit
Start-ups in year one or two, where there is not yet enough trading to advise on.
Sole trader electricians under £150,000 of turnover, where the monthly service is more than the work needs.
Cash businesses, and anyone who would rather keep their records out of the accounts.
Owners buying on price alone, because advice is built into the fee here.
If you are an established limited company, the set-up review will tell you exactly what would change before you commit to anything.
Questions electricians ask before moving
What does an accountant for electricians include in the monthly fee?
Year-end accounts, corporation tax, the confirmation statement, VAT returns, bookkeeping, payroll and pensions, and your own self assessment. Proactive planning is included on a fair-use basis: the VAT scheme review, salary and dividend planning, and a corporation tax forecast a month before the bill. The fee is scoped after Nasir has reviewed your set-up.
We already have an accountant. Is there any point moving?
Only if something is being missed. Ask them whether your VAT scheme suits your cost mix, what your corporation tax bill will be, and get a reply inside the week. Three clear answers and you are well served. If the answers do not come, the set-up review will show you what is being left alone.
Do we have to change our bookkeeping software?
No. The software you use is part of the set-up review, and if it works for how you invoice and record materials it stays. Any change is recommended with a reason, and only where it makes the monthly routine cleaner. You will be told why, and the choice is yours.
What happens with our current accountant when we switch?
You do not chase them. Nexus writes for professional clearance, collects your records and deals with the handover, then runs the set-up review and sets out the first-year timetable of filing dates. There is no separate charge for the handover. Most of the work happens without you being involved at all.
Can an accountant for electricians handle CIS when we use subcontractors?
Yes. Where you pay subcontractors, deductions are calculated, statements issued and returns filed monthly as part of the routine, alongside your own payroll. If you also work as a subcontractor on larger contracts, the deductions taken from you are tracked and set against the company position rather than found at year end.
Do you work with electricians outside Milton Keynes?
Yes. Nexus is based in Milton Keynes and works with clients across the UK remotely, including Bletchley, Newport Pagnell, Bedford, Northampton, Luton and further afield. Nasir rarely needs to meet in person, so reviews and check-ins happen by call. You still deal with the same person every time you get in touch.
Three ways to take the next step
Take the two-minute quiz
It tells you whether Nexus is the right fit, and the set-up review follows if it is.
See if Nexus is the right fit 02 · A question firstWant one question answered first?
Ask Nasir directly and the reply comes from the person who would do the work.
Ask Nasir a question 03 · Still decidingStill deciding?
The guides cover VAT schemes, CIS and dividends so you can judge your own set-up first.
Read the guides →