Tax and Legal: We can help with Stamp Duty Land Tax (SDLT) planning in respect of site acquisition and advise you on the Construction Industry Scheme, including employed/self-employed status issues.  

VAT: Some developments may be zero-rated for VAT, others may include ‘exempt’ supplies. These can affect the amount of VAT you can recover and may impact the profitability of a project. Even a decision to let an unsalable property may affect your VAT position. We will help in all these areas.

Financial: We offer all the usual accountancy and audit support to help you keep on top of day-to-day administration. They include accounting, book-keeping, payroll, management accounts and annual accounts. We also provide financial forecasting services so you can prepare for future liabilities and, where possible, mitigate the tax you have to pay.

Advisory: For property developers, we can help you to prepare proposals for presentation to banks. We can also help you obtain finance, because of our contacts with all the principal financiers and our insight into the types of project they will support

Tax: We can minimise your exposure to Stamp Duty Land Tax, and help you to design the most tax-efficient structure for property purchase. We can also help you to enjoy maximum benefit from any capital allowances on property purchases, thus reducing your future tax liabilities on rental income. We can also help you to minimise any taxes due on sale of property. We can also ensure that any claims for contaminated land relief are maximised.

Inheritance tax and VAT: For property owners or shareholders in property ownership companies, we offer a range of estate planning services, and can help plan to reduce inheritance tax. We can also help you to decide whether to register for VAT and whether to ‘opt to tax’ your properties.

Business structuring: We can advise you on the best structure for your projects, whether sole trader, partnership, limited liability partnership (LLP), limited company, or special purpose vehicle (SPV). If you wish to start a development in a joint venture with another party, we will advise on the best structure to use.

We can also help with shareholders’ agreements, and will advise on how to reduce your tax liability and that of the shareholders.

Accounts: As well as preparing the full range of statutory and management accounts, we offer a portfolio of advisory and planning services designed to help you prepare for future tax liabilities and mitigate them where possible. For statutory compliance, we can help as necessary with a thorough and insightful audit programme and the preparation of tax returns. Payroll services complete our offering.

Business planning: Business owners welcome the way we advise them on critical issues such as succession planning, employee incentives and rewards, and taking the business public.

Tax services: Income tax, Corporation Tax, PAYE, National Insurance, VAT and Stamp Duty Land Tax all impact your practice. A prudent structure is an important first step in mitigating liability.

Benchmarking: We have a programme available where you can compare your financial performance and other key performance indicators, against the average results of your competitors, on an anonymous basis. In this way, you can either comfort yourself that you are outperforming your competition, or focus on specific areas where there is room for improvement.