Property & Construction Hub

The wide range of opportunities and challenges facing the Property and Construction sectors can, without careful planning, result in a cash-flow crisis. Current examples of these include significant increases in labour and material costs as well as the recent change in the tax regime for residential developers – increasing the tax payable on developments, both of which reduce the capital retained in the business.

As the pandemic aftermath, Brexit and other factors continue to impact the sector, we emerge into the new world with opportunities for businesses that, with careful planning, can be taken to build their businesses.

We can help you

• Gain a clearer understanding of your position in this changing landscape
• Help to continually monitor financial results with a focus on optimising cash flows
• Invest in identifying and addressing issues as they arise
• To be in the best position to thrive and grow your business as the economy recover

Any buyer of property, whether a development site or an investment, needs to consider all of the UK taxes that impact not only at the date of purchase but also during the period of ownership. Getting this wrong can be an expensive error. Whether acquiring property via the purchase of shares in a company, or buying the asset itself, SDLT, VAT, Corporation tax and Income tax all need to be considered – as well as how profits can be extracted in the most tax efficient way.

Our team give advice on the best way to structure a purchase, and where a company is being purchased, work with buyers and their other professional advisors in completing a review of the financial and tax records to ensure that no unexpected liabilities are acquired with the company shares. A combination of property sector knowledge and technical expertise allow the team to deliver a focussed, cost effective service to clients which is clear, concise and timely.