Co-gency Blogs

In today’s digital economy, Making Tax Digital (MTD) is one of the UK Government’s most ambitious tax reform programmes. Introduced by HM Revenue & Customs (HMRC), MTD aims to modernise the UK tax system, making it more effective, efficient, and easier for...

For construction workers and subcontractors in Swinton and Salford, understanding and complying with the Construction Industry Scheme (CIS) is crucial. The CIS is a tax deduction scheme that applies to contractors and subcontractors operating in the UK construction...

The Construction Industry Scheme (CIS) plays a central role in ensuring tax compliance for contractors and subcontractors working in the UK construction sector. For those operating in Swinton, Salford, and surrounding areas, understanding the mechanisms of CIS tax...

Construction businesses across the UK operate under a unique set of financial and tax obligations. Nowhere is this more evident than with the Construction Industry Scheme (CIS), a framework introduced by HMRC to ensure tax compliance within the sector. For...

In the fast-paced and regulation-heavy world of UK construction, ensuring compliance with the Construction Industry Scheme (CIS) is a top priority for contractors and subcontractors alike. For businesses operating in Swinton and Salford, staying on top of these...

With Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) coming into full force by April 2026, businesses and self-employed individuals across Swinton, Salford, and beyond must adapt to the realities of digital tax compliance. One of the most critical...

In the construction industry, managing project costs and maintaining healthy profit margins can be the difference between success and failure. Unlike many other sectors, construction involves complex contracts, unpredictable costs, and a high degree of regulatory...

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,...