Where they were
Guil came to us as a sole trader running G Costa Electrical.
What we did
We guided him through incorporating as a limited company, and manage his bookkeeping, quarterly VAT, payroll, self assessment, and remuneration and dividend planning. CIS is a big part of what we handle for him, correctly separating labour from materials, reconciling what's been deducted against what's owed, and sorting out HMRC queries on his CIS figures when they come up.
Where they are now
G Costa Electrical has grown strongly year on year, with an expanding workforce, and his CIS position stays properly reconciled and reclaimed as the business scales. We've recently helped the company achieve CIS gross payment status.
Industry insights
Growing electrical contractors under CIS face real cash flow pressure, since subcontractors don't collect VAT under the domestic reverse charge, and CIS deductions only apply to labour, not materials, plant hire, or VAT, so getting that separation right matters. HMRC has also been tightening enforcement across the scheme, so having CIS reconciled properly and reclaimed on time becomes more important as a workforce and contract volume grows.