Blog page 10

Payment for contractors and subcontractors in the construction industry isn’t just held up by late payments, but also by lengthening retention payment periods.

If you’ve had letters from HMRC claiming that you’re being fined for late payment due to the new RTI scheme, you may benefit from a delay to the penalty charges.

As late payments continue to be an issue, subcontractors take further action to name and shame firms who are not paying them on time.

The SEPA deadline has been pushed back by six months, giving many businesses the chance to make the switch more gradually.

Job costing is necessary in order for your company to ensure it always makes a profit. Does your generic software enable you to view the necessary information with ease?

UK construction industry forecasts paint a mixed picture for 2014. What does the future of the construction industry hold for your business?

The SEPA deadline is almost upon us. If you’re trading using euros, you need to make sure you’re compliant.

Nucleus Commercial Finance has revealed that it will be making early payment schemes available to medium-sized contractors. Is this a good thing or a bad thing for the construction industry?

If you’re a small or medium business in the construction sector in Wales, you might be able to benefit from a new support fund set up to help the industry continue to grow.

Early payment schemes are now commonplace amongst Britain’s larger construction industry contractors, and these firms argue that the schemes provide them with greater financial flexibility.

Late payments have long been endemic in the construction industry, with Labour MP Debbie Abrahams claiming that a ‘culture of late payments’ is acting as an obstacle for small businesses and construction firms seeking expansion.

The National Crime Agency has issued an amber alert to the contracting industry following 34 reports of mandate fraud that saw contractors conned out of millions of pounds. They have warned contractors to be wary of criminals posing as suppliers or subcontractors and have offered helpful advice as well as a checklist to help prevent mandate fraud, as the reports have steadily increased over the last year.

The construction industry’s recovery continues apace, a recent survey has found. The survey is the latest in a string of positive news for the sector, which was one of the greatest victims of the recession.

What effects will the Bank of England’s decision to modify Funding for Lending have on the construction industry in future?

The construction industry blacklisting scandal continues to blight lives, but union pressure is beginning to pay off.

Construction industry green energy schemes have come under attack from energy providers and the Prime Minister, but Nick Clegg has leapt to the defence.

Generic accounting software can be perfectly functional, but is it really suitable for everyday use in the construction sector?

Take a look at some of your contractor tax liabilities. Could construction software help to keep you compliant?

Don’t let the idea that upgrading to construction software is difficult put you off – it’s more straightforward than it looks!

Although business is said to be booming, construction companies are still worried about their future and whether recovery is sustainable. Find out why here...

The construction industry relies on subcontractor labour, and ensuring that your firm manages its subcontractors appropriately and effectively is crucial if you are to achieve success down the line. How much accounts information should your subcontractors have access to, and how do you limit that access?

Almost five years on from the first distressing revelations of the blacklisting scandal, a group of eight of the country’s largest contractors have joined forces in order to establish a compensation scheme for workers affected by the scandal, a move lauded by many in the industry – including this construction software provider!

Construction accounts management software offers functionality that generic solutions can’t match. Find out what you could be missing here...

This November 12th, Microsoft's Cardinal Place premises in central London will play host to the 11th annual Mobilise Your Workforce event, organised by TBS Enterprise Mobility.