Co-gency Blogs

Timely tax return filing is more than just an administrative task; it is a strategic financial decision. According to HMRC, nearly 299,000 individuals submitted their self-assessment tax returns in the first week of the 2024/25 tax year. This trend highlights a...

The construction sector in the UK faces unique financial challenges. Unlike many industries with predictable cash flow and standard accounting practices, construction firms operate within a highly project-based environment. From managing subcontractor payments to...

The construction sector is a cornerstone of the UK economy, contributing over £110 billion annually and employing millions of workers across various trades and professions. Yet, behind the scaffolding and site management lies a complex web of tax regulations,...

Navigating the complexities of property transactions and capital gains tax (CGT) liabilities requires the expertise of seasoned chartered accountants. A recent high-profile tax case involving a multimillion-pound property in Chelsea underscores the importance of...

The construction industry is a cornerstone of the UK economy, contributing over £110 billion annually and employing more than two million people. Yet, it is also one of the most complex sectors when it comes to accounting and financial management. From navigating...

As the UK government advances its digital transformation of the tax system, Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is set to bring significant changes for many taxpayers. If you're based in Salford or Swinton and are self-employed, a...

In the construction sector, success relies on more than just bricks and mortar—it requires financial structures that are just as strong. For construction businesses in Swinton and Salford, the challenges are unique. From managing subcontractors and tracking...

Late payments are a common frustration for construction firms—and they can seriously affect your cash flow and ability to keep projects moving. Whether you're working with private clients or subcontracting for a larger contractor, having a clear, proactive system for...

Tendering is a high-stakes process in the construction industry. Winning the right contracts can significantly boost your firm’s growth, credibility, and cash flow. But success in competitive tendering isn’t just about offering the lowest price — it’s about showing...

Cash flow is the lifeblood of any business, but in the construction industry, managing it can feel like walking a tightrope. From delayed client payments to upfront materials and subcontractor costs, even profitable projects can bring cash shortages. For firms across...