You have already paid the CIS deductions. If nobody reconciles them, you are lending HMRC money for free.
Nasir Rasheed, Director

Accountant for subcontractors who want CIS reconciled and their tax bill a month ahead
Accountant for subcontractors running established limited companies in construction, based in Milton Keynes and working UK-wide. CIS deductions, VAT, payroll, accounts and corporation tax handled in one monthly routine by Nasir Rasheed MAAT AATQB.
Most subcontractors find out two things too late: how much CIS the contractor has already taken off, and what the corporation tax bill will be. Both are knowable months in advance. Here is what the first ninety days change.
Nexus Tax and Accounting Solutions is a Milton Keynes accountancy practice run by Nasir Rasheed MAAT AATQB for construction subcontractors trading as established limited companies. One monthly fee covers accounts, corporation tax, VAT, bookkeeping, payroll and the director’s self assessment, with CIS deductions reconciled and a corporation tax forecast a month before the bill.
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- Nasir Rasheed MAAT AATQB
- Established 2024
- Three new clients a month
- Milton Keynes · UK-wide remote
What you get working with Nexus
Every CIS deduction accounted for, not estimated
The CIS suffered is reconciled against contractor payment and deduction statements, then offset or reclaimed.
Your corporation tax known a month ahead
You see the bill and your dividend headroom before the year end, while there is still time to act.
A VAT scheme picked for how you actually trade
Standard, flat rate or cash accounting chosen on your real costs and how your contractors pay you.
Three decisions subcontractors usually make without advice
Each one is ordinary, and each one quietly costs money when nobody checks it.
- CIS
“I had CIS taken off every invoice for two years and nobody checked it against my payroll. The money just sat there.”
Deductions that are never reconciled are tax already paid and never claimed back. That is working capital sitting with HMRC.
- Incorporate
“Someone told me to go limited at some point. Nobody ever showed me the turnover where it actually starts to pay.”
Too early and you pay for admin you do not need. Too late and you pay tax you did not have to.
- Tax bill
“The corporation tax bill landed the same week I had taken a big dividend out. I ended up putting it on finance.”
A forecast a month before the year end turns that into a decision. Without one, it is a scramble.
- Day 90
What changes once the advice is in the room
You know what CIS you have suffered and where it goes. You know your corporation tax and dividend position before the year end, so the money is set aside. And when you call about a hire, a van or a big contract, you get Nasir.
Quick check · no email
If your accountant cannot tell you how much CIS you have suffered this year, what your corporation 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 how much CIS has been deducted from you so far this year?
Could they tell you your corporation tax figure and dividend headroom before your year end?
Could they confirm whether your VAT scheme is the right one for your costs, and reply within the week?
No yeses means the CIS, the tax bill and the replies are all unmanaged. The set-up review starts with what has already been deducted from you and where it should be going.
One or two yeses is a reasonable position with one real gap in it. The construction client below moved for exactly that reason: the filing was fine, the attention was not.
Three yeses and you are well served by the accountant you have. Read the construction guides if you want a second view on CIS or VAT.
Filing only, or filing with the advice included
Both get the accounts in on time. Only one tells you anything before the money leaves.
A filing-only accountant
Accounts and CT600 prepared after the year has closed.
CIS deductions entered as the records show them, unchecked.
VAT scheme left as it was set on registration.
Contact at year end, and a different account manager next year.
Nexus
Corporation tax and dividend headroom forecast a month before the bill.
CIS suffered reconciled to contractor statements, then offset or reclaimed.
VAT scheme reviewed against your actual costs when you join.
You deal with Nasir, because Nexus takes three new clients a month.
Eight things to check about your own set-up
Answer yes or no on each. The no answers are the work.
- 01
Do you hold a payment and deduction statement for every contractor who pays you?
Without them the CIS suffered cannot be proved or reclaimed in full.
- 02
Is the CIS suffered offset through the company’s payroll scheme each month?
Left to the year end, it ties up cash you could be using.
- 03
Has anyone checked your VAT scheme since you registered?
Materials-heavy and labour-only subcontractors rarely suit the same scheme.
- 04
Do you know your corporation tax figure before the year end?
If it arrives with the bill, the planning window has already closed.
- 05
Is your salary and dividend split reviewed each year?
Most are set at incorporation and never looked at again.
- 06
If you still trade as a sole trader, has anyone run the limited company comparison on your figures?
The right moment to incorporate is a number, not an opinion.
- 07
Are your books current enough to price a job this week?
Out of date books turn pricing decisions into guesses.
- 08
Do you speak to the same person every time you call?
Account manager rotation is why most construction clients move.
What Nexus runs for a subcontractor limited company
One monthly routine covering the filing and the advice.
CIS deductions reconciled and claimed
Suffered deductions matched to contractor statements, offset through payroll or reclaimed, and fed into the tax forecast.
Accounts, corporation tax and the forecast
Year-end accounts, CT600 and confirmation statement, with the tax figure and dividend headroom given a month ahead.
VAT scheme, pay structure and incorporation
Your VAT scheme, salary and dividend split and company structure reviewed on your own numbers when you join.
Entry 01
Why a construction client kept asking to be moved back to Nasir
One entry from the proof library, described by type.
Clients described by type. Names withheld.
What clients say
What the first ninety days as a Nexus client look like
Four steps, each ending with something you know that you did not know before.
Your records arrive without you chasing anyone
Professional clearance and records collection are handled for you, along with a timetable of the year’s filing dates.
You find out what to change and why
The set-up review covers structure, VAT scheme, CIS position, salary and dividends and software, with a written list of what should change.
CIS and the books run to a routine
Deductions are reconciled to contractor statements each month and offset through payroll, so the numbers are current when a contract decision comes up.
You know the tax bill before it lands
Corporation tax and dividend headroom are forecast ahead of the year end, then confirmed at a check-in every few months.
Who Nexus is not the right fit for
Subcontractors in their first year or two, before the numbers have settled.
Sole traders below the turnover where incorporating is clearly worth it.
Cash businesses and property-only landlords.
Owners buying on price alone rather than advice they can act on.
If you are not sure which side of that you sit on, the set-up review will tell you straight.
Questions subcontractors ask before they move
What does an accountant for subcontractors include in the monthly fee?
One monthly fee covers year-end accounts, corporation tax, the confirmation statement, VAT returns, bookkeeping, payroll and pensions, and the director’s self assessment. Proactive 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. Capital gains tax returns are charged separately.
We already have an accountant, so is it worth moving?
Plenty of accountants file on time and do little else. The question is whether anyone has checked your VAT scheme, reconciled your CIS deductions and told you the corporation tax figure before your year end. If all three are covered, stay where you are. If not, the set-up review shows what the gap is costing.
Do we have to move our bookkeeping software?
No. Software is reviewed as part of the set-up review, and Nasir tells you whether it suits your invoicing, CIS records and VAT returns. If it is doing the job, nothing moves. If a change would save time or give you better records, you get the reason before anything happens.
What happens with our current accountant when we switch?
Nexus handles the handover. Professional clearance is requested and records are collected, so you are not chasing your old firm yourself. You then get the set-up review and a first-year timetable of filing dates. There is no separate charge for the handover, and most owners only have to confirm the change in writing.
How does an accountant for subcontractors handle CIS deductions?
The CIS suffered is reconciled against contractor payment and deduction statements each month, then offset through the company’s payroll scheme or reclaimed. That turns the deduction into money back rather than a figure sitting unclaimed. It also feeds the corporation tax forecast, so what you owe and what you are owed sit in one picture.
When should a subcontractor go limited?
When profits are steady and high enough that the tax and structure position outweighs the extra filing. Nexus runs the comparison on your own figures: sole trader against limited company, the VAT scheme that suits your costs, and a salary and dividend plan. If the numbers do not support the move, you are told that.
Three ways to take the next step
Book the set-up review
Nasir reviews your structure, VAT scheme, CIS position, pay and software, then gives you a written list of what to change and why.
See if Nexus fits your company 02 · A question firstGot one question first?
Call or email and Nasir answers it himself, whether or not you go any further.
Ask Nasir a question 03 · Still decidingStill deciding?
The guides explain how CIS, VAT schemes and corporation tax forecasting work for a construction limited company.
Read the guides →