Jameco Construction CFO

Jameco Construction CFO Accountants + Advisors for Construction
Build wealth | Scale profits | Optimise taxes
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We're a team of specialist accountants and advisors that work exclusively with UK construction businesses with annual revenues of up to £5 million. Directors who've outgrown their high street accountant but can't justify a full-time finance team. We handle the day-to-day compliance through our Virtual Finance Department, provide financial leadership through our Virtual CFO service, and make sure y

ou're keeping more of what you earn through our Strategic Tax Advisory. We're part of the Jameco Group, founded by James Wheeler in 2017, and we work with construction businesses across the UK from our HQ in Maidstone, Kent. If you'd like to chat about your business, head to the website to book a discovery call.

03/09/2026

Jameco Construction CFO works exclusively with UK construction businesses up to £5M turnover: directors who've outgrown their generalist accountant but can't justify a full-time finance hire.

The problem is your accountant is dealing with a landlord one day, a marketing agency the next, and an e-commerce business the day after. They can't specialise in construction because they're spread across everything else.

We have one expert team, three services. A Virtual Finance Department covering bookkeeping, CIS, payroll and year-end accounts. A Virtual CFO providing management reporting, cash flow forecasting and regular board meetings. And Strategic Tax Advisory, planning your tax through the year instead of reacting to a bill at the end of it.

We take on a limited number of new clients each year to make sure we can deliver the level of service we've built our reputation on. If that sounds like something your business could benefit from, book a discovery call and we'll have a chat.

Proactive tax planning throughout the year for construction businesses.Tax forecasting, remuneration planning, pension p...
02/09/2026

Proactive tax planning throughout the year for construction businesses.

Tax forecasting, remuneration planning, pension planning, profit extraction, business structure review, capital allowances and exit planning.

Getting these right is the difference between keeping tens of thousands of pounds in the business or handing it straight to HMRC. We review your position regularly and adjust the plan as the business changes.

We are not the right fit for everyone, and we will tell you on the first call.If you want the cheapest set of accounts f...
01/09/2026

We are not the right fit for everyone, and we will tell you on the first call.

If you want the cheapest set of accounts filed once a year, there are better options than us.

If you want a finance partner who knows construction and stays involved all year, that is exactly what we do.

01/09/2026

Payments on account are advance instalments towards your personal tax bill, and they take a lot of directors by surprise in the first year they draw significant dividends.

When you pay yourself in dividends, the tax on them isn't collected at source the way it is on a salary through PAYE. You declare it on your self-assessment and pay it the following January. Once that personal tax bill exceeds £1,000, HMRC no longer waits until the year end to collect it.

Instead, you're required to pay the next year's tax in advance, in two instalments, one in January and one in July. Each instalment is half of the previous year's bill.

The difficulty is in the first year it applies. That January, you pay the full previous year's tax, along with the first instalment towards the next year. So you settle a year and a half's tax in a single payment, when you'd only budgeted for the year you'd just earned.

For a director who's started drawing significant dividends, that additional 50% can amount to several thousand pounds.

Another common misconception is that It’s an extra tax, and it’s not, it’s just a change in the deadlines required for payment.

So if you're drawing dividends and your personal tax bill is about to exceed that £1,000 threshold for the first time, plan for that January to be around 50% larger than the tax on the year itself. Start setting the difference aside as soon as you can to avoid any nasty surprises.

Book a discovery call, link in bio.

28/08/2026

Jameco Construction CFO works exclusively with UK construction businesses up to £5M turnover: directors who've outgrown their generalist accountant but can't justify a full-time finance hire.

The problem is your accountant is dealing with a landlord one day, a marketing agency the next, and an e-commerce business the day after. They can't specialise in construction because they're spread across everything else.

We have one expert team, three services. A Virtual Finance Department covering bookkeeping, CIS, payroll and year-end accounts. A Virtual CFO providing management reporting, cash flow forecasting and regular board meetings. And Strategic Tax Advisory, planning your tax through the year instead of reacting to a bill at the end of it.

We take on a limited number of new clients each year to make sure we can deliver the level of service we've built our reputation on. If that sounds like something your business could benefit from, book a discovery call and we'll have a chat.

27/08/2026

If you're a VAT-registered subcontractor, the domestic reverse charge removed a source of working capital your business used to rely on.

You no longer charge VAT, so the amount you used to hold until your return was due never reaches your account. On a £100,000 contract, that's £20,000 that no longer passes through the business.

If you're paying VAT on materials but not collecting it on sales, you may now be in a repayment position, with HMRC owing you each quarter. Filing monthly rather than quarterly recovers it sooner.

Not sure where the reverse charge has left your VAT position? Book a discovery call, link in bio.

Kind words from Daniel Brown, five years in.Thank you Daniel. A quick turnaround should be the standard, not something w...
27/08/2026

Kind words from Daniel Brown, five years in.

Thank you Daniel. A quick turnaround should be the standard, not something worth remarking on, so it is good to hear it lands that way.

25/08/2026

If you employ people in your construction business, you could be paying £10,500 a year more National Insurance than you need to, without even realising it.

The employment allowance takes that off your employer's National Insurance bill, and it's one of the easiest reliefs to miss, because it isn't applied automatically. Someone has to claim it through your payroll each year, and if that was never set up, or a payroll provider assumed it was being handled elsewhere, the company simply pays the full bill.

Before you check, there's one point specific to construction. Subcontractors don't count towards the eligibility because you pay no employer's National Insurance on them. The allowance only applies if you employ someone other than yourself above the £5,000 threshold, so a business running mostly on CIS labour can fall outside it even with a large team.

If you do employ people and it hasn't been claimed, the cost adds up quickly at £10,500 a year, the good news is you're not limited to the current year. Where the company was eligible and didn't claim, you can recover it for the previous four years.

This one takes a few minutes to check with your accountant, and for a business that's been missing it, reclaiming it could be worth thousands.

Worth a check, link in bio.

We work exclusively with construction businesses turning over up to £5 million.Main contractors, sub contractors, fit ou...
25/08/2026

We work exclusively with construction businesses turning over up to £5 million.

Main contractors, sub contractors, fit out, groundworks, structural, M&E, HVAC, roofing, drylining, fire and security, facilities maintenance, and plenty more.

Is your trade on the list? If it is not, ask us anyway.

24/08/2026

Your year-end accounts give you one profit figure for the whole business, which tells you nothing about which jobs made money and which lost it.

When a job comes in under the margin you quoted, that loss is buried in the total, so you never spot it, and you price the next one the same way.

Job-level reporting shows you what each job returned against what you quoted, and where the two diverged, labour, materials, or time. That's what tells you exactly what to adjust next time.

Worth a look at how yours is set up, link in bio.

Address

The Business Terrace, Maidstone House, King Street
Maidstone
ME156AW

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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