Construction & Real Estate

One of the largest sectors in the UK, the construction industry is also one of its most complex; there is a maze of regulations, uncertainties and risks to deal with. There’s also the increasing threat of an investigation by HMRC; the public body commonly imposes financial settlements going back several years to collect tax, national insurance, interest and penalties on any errors that they discover.

Our specialist accountants, tax and business advisers truly understand the nature of the construction industry and the challenges you face. We work with a wide range of clients in the construction sector - including commercial and residential developers, contractors, sub-contractors, civil engineers, and architects - guiding a business from start-up, through growth strategies and surviving a changing economy, all the way to exit planning.

Accounting for your properties

Alongside the traditional audit and accountancy services, our specialist construction team can help with sector-specific needs, including:

• Research and development tax credits on innovative construction methods
• Fundraising for developers
• Cash flow management and planning
• Compliance to ensure you meet tax obligations
• Capital gains tax advice
• VAT consultancy, including negotiations with HMRC
• Construction Industry Scheme compliance reviews and advice
• Engagement of workers and employment tax issues
• PAYE health checks to ensure your PAYE, benefits and expenses procedures would stand up to an HMRC investigation
• Stamp Duty Land Tax (SDLT) advice
• Making the most of your profits in a tax-efficient manner
• Corporate finance advice, including for mergers and acquisitions, and disposals
• Strategic planning to help you get your business to where you want it to be
• Payroll services

Specialist real estate sector advisory

Our real estate accountants, tax and business advisers understand the pressures on the industry and the importance of timely and innovative advice to ensure you weather the storm. Alongside the services mentioned above, we can help you with real estate-specific advice:

• Incorporation of buy-to-let portfolios
• Fundraising or sourcing finance for property transactions, including development
• Debt restructuring
• Advice on the use of special purchase vehicles (SPVs) and joint ventures (JVs)
• Structures to minimise taxation levied on development and investment profits
• VAT advice on property transactions, including election to tax
• Land remediation claims
• Capital allowance reviews, helping you to maximise claims on property acquisitions and developments
• Tax issues relating to overseas real estate
• Employment tax issues and status of workers
• IHT planning on real estate portfolios
• Joint venture accounting and reporting

Get in touch with us, and let’s talk construction and real estate.