Virgo Associates

Virgo Associates, based in Bedford has been providing expert advice and accountancy services to the construction sector.

At Virgo Associates we are experts in property and construction, which can be a complicated industry to operate in.

We have experience in dealing with numerous contractors within Bedford and across the UK, providing taxation advice specifically regarding the Construction Industry Scheme (CIS).

Talk to an expert

There can be numerous trades involved in construction, which include:

  • Bricklayers
  • Carpenters
  • Demolition and dismantling
  • Electricians
  • Groundworkers
  • Plumbers

It is important to note that CIS rules still apply even if your business is based outside the UK, but you carry our construction work as a contractor or subcontractor in the UK.

Talk to our team to find out how we can help you with CIS and let us take the hassle away from you.

We can help you with:

  • HMRC registration
  • Ontime payments within CIS and avoid penalties
  • Keep you accounts in order
  • Updating you with any changes to CIS

Virgo Associates support the following sectors.

Charities

Our team will provide the insight and expertise you need, whether that is with tax, VAT, compliance or one of the many other challenges you face, we can help. We will make sure you receive the best service possible, allowing you to minimise risk and ensure you are complying with all regulations.

Property & Landlords

We can help advise across any taxation, legislative and contracting issues that occur.

Construction

We have experience in dealing with numerous contractors within Bedford and across the UK, providing taxation advice specifically regarding the Construction Industry Scheme (CIS).

Latest news from Virgo Associates

April 28, 2025
MTD for Income Tax: Less Than a Year to Go.

If you're a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.

Read article
April 24, 2025
Delay to Consultation on the Tax Treatment of Predevelopment Costs

At Autumn Budget 2024, we were promised a consultation on the tax treatment of predevelopment costs. However, following the Court of Appeal’s decision on a recent case, the government is postponing publication of the consultation while it considers the implications of the decision.

Read article
April 23, 2025
Cuts to import tariffs.

Amidst all the news about increased tariffs in the US, the UK government has announced a cut to zero in import tariffs on a range of 89 foreign products.

Read article
April 22, 2025
UK Inflation Falls to 2.6% – But What’s Next for Your Business?

In a small bit of good news, March’s inflation figures have been released showing a drop to 2.6% from 2.8% in February. The main reason? Lower petrol prices, which has offered some relief for households and businesses alike.

Read article
April 17, 2025
Why Seeking Help When Your Business Faces Insolvency is the Right Move

Running a business comes with financial risks, and sometimes, companies struggle to stay afloat. While facing insolvency is undoubtedly stressful, seeking professional help early can prevent serious legal consequences.

Read article
April 16, 2025
New neonatal care law now in force

The Neonatal Care (Leave and Pay) Act 2023 came into force on 6 April 2025. This law provides a new leave and pay entitlement for parents with a baby in neonatal care.

Read article
April 14, 2025
New Companies House ID Checks: What They Mean for You

From 8 April 2025, Companies House has launched a new identity verification system as part of changes under the Economic Crime and Corporate Transparency Act 2023.

Read article
April 10, 2025
Child Benefit Increases from 7 April: What Employers Need to Know

From 7 April 2025, families receiving Child Benefit will see an increase in their payments. HM Revenue and Customs (HMRC) has announced that the weekly rate will rise to £26.05 for the eldest or only child and £17.25 for each additional child. This means an annual payment of £1,354.60 for the first child and £897 for each subsequent child. These payments, usually made every four weeks, are automatically into claimants’ bank accounts.

Read article
April 28, 2025
MTD for Income Tax: Less Than a Year to Go.

If you're a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.

Read article
April 24, 2025
Delay to Consultation on the Tax Treatment of Predevelopment Costs

At Autumn Budget 2024, we were promised a consultation on the tax treatment of predevelopment costs. However, following the Court of Appeal’s decision on a recent case, the government is postponing publication of the consultation while it considers the implications of the decision.

Read article
April 23, 2025
Cuts to import tariffs.

Amidst all the news about increased tariffs in the US, the UK government has announced a cut to zero in import tariffs on a range of 89 foreign products.

Read article
April 22, 2025
UK Inflation Falls to 2.6% – But What’s Next for Your Business?

In a small bit of good news, March’s inflation figures have been released showing a drop to 2.6% from 2.8% in February. The main reason? Lower petrol prices, which has offered some relief for households and businesses alike.

Read article
April 17, 2025
Why Seeking Help When Your Business Faces Insolvency is the Right Move

Running a business comes with financial risks, and sometimes, companies struggle to stay afloat. While facing insolvency is undoubtedly stressful, seeking professional help early can prevent serious legal consequences.

Read article
April 16, 2025
New neonatal care law now in force

The Neonatal Care (Leave and Pay) Act 2023 came into force on 6 April 2025. This law provides a new leave and pay entitlement for parents with a baby in neonatal care.

Read article
April 14, 2025
New Companies House ID Checks: What They Mean for You

From 8 April 2025, Companies House has launched a new identity verification system as part of changes under the Economic Crime and Corporate Transparency Act 2023.

Read article
April 10, 2025
Child Benefit Increases from 7 April: What Employers Need to Know

From 7 April 2025, families receiving Child Benefit will see an increase in their payments. HM Revenue and Customs (HMRC) has announced that the weekly rate will rise to £26.05 for the eldest or only child and £17.25 for each additional child. This means an annual payment of £1,354.60 for the first child and £897 for each subsequent child. These payments, usually made every four weeks, are automatically into claimants’ bank accounts.

Read article
February 21, 2024
Action Fraud warns of remote access scams

Action Fraud has received over 30 crime reports since June 2023 relating to remote access scams targeting businesses, with victims reporting losses totalling over £3.8 million.

Read article
September 18, 2023
Google AI training for start-ups and small businesses

Google have launched AI (Artificial Intelligence) focused online training for people and businesses to help capture the benefits of AI, whether it’s to save time, get a new job, or grow your business.

Read article
February 21, 2024
The Autumn Statement is scheduled for 22 November 2023

The Chancellor of the Exchequer, Jeremy Hunt, has confirmed that the Autumn Statement will be on 22 November 2023. The Autumn Statement can affect tax policy, benefits, and much more. The Chancellor will make his announcement to Parliament, setting out the Government’s plans on all matters fiscal and economic. Interestingly, this could be the Chancellor’s last statement before the next General Election, depending on the time frame that the government chooses.

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February 21, 2024
ICO consultation on the draft biometric data guidance

The Information Commissioner's Office (ICO) has produced guidance on biometric data and biometric technologies.

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February 21, 2024
AI Safety Summit

The AI Safety Summit will take place on the 1st and 2nd November at Bletchley Park.

Read article
February 21, 2024
Creating value through innovation

Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy as a whole. The development of new ideas, processes, and technologies and their flow across different sectors is a significant driver of economic growth and productivity. Recently, innovation has also been identified as crucial to the transition of the economy away from fossil fuels and carbon-intensive business activities.

Read article