Specialist Accountants for Electricians

CIS applies to electrical work on construction sites (new builds, extensions, renovations). Repair, maintenance, and testing work is generally outside CIS unless part of a larger construction project. As a subcontractor, contractors deduct 20% (registered) or 30% (unverified) from your labour element. Gross payment status means 0% deduction. CIS suffered can be offset against your PAYE/NIC and corporation tax liabilities. See construction industry services.

Electricians can claim: cables, consumer units, sockets, switches and fittings, test equipment and calibration, tools (hand and power), van and fuel costs, insurance (public liability), NICEIC/NAPIT registration and assessment fees, Part P notification fees, workwear and PPE, mobile phone, advertising, home office, bank charges, and CPD/training costs. Larger items (multi-function testers, thermal cameras) qualify for capital allowances. View sole trader accounting.

Yes. Electrical test equipment — multi-function testers (£500-£1,500), PAT testers (£300+), insulation resistance testers, RCD testers, cable locators, and thermal imaging cameras — all qualify for 100% Annual Investment Allowance. Vans also qualify. Calibration costs are revenue expenses. We ensure maximum capital allowance claims on all qualifying equipment. View corporation tax services.

For electricians earning above £50,000 profit, a limited company is often more tax-efficient via salary/dividend mix, offers limited liability protection, and may be required by commercial clients. NICEIC/NAPIT Approved Contractor status is also easier to maintain through a Ltd company. Sole trader suits lower-earning electricians. We analyse your earnings and advise on the best structure. Explore limited company services.

If you're VAT-registered and working as a subcontractor for a CIS-registered contractor, the domestic reverse charge may apply — the contractor accounts for the VAT, not you. Issue a reverse charge invoice stating "VAT to be accounted for by the customer." End-user clients (homeowners, non-construction businesses) are excluded. We ensure correct invoicing and VAT treatment. Explore VAT services.

For most electricians, simplified mileage (45p/25p per mile) works best due to high call-out mileage. An electrician doing 20,000 business miles could claim £7,000. The actual cost method may be better if you run an expensive new van with high running costs, insurance, and finance interest. We run both calculations annually and pick the highest claim. See self assessment services.