The property and construction industries are very similar, both are fast-paced and subject to complicated regulation. There are also lots of issues faced by property developers, investors, construction, builders, tradesmen, contractors, subcontractors, consultants and property rental, among others, which could go overlooked and catch you off guard.
With many years of experience as advisers for construction industry businesses and landlords, we offer a wide array of services tailored to suit your needs. Whether it’s support with property investment, the construction industry scheme (CIS), tax planning or assisting with your bookkeeping, we have you covered.
We’ll support you with carefully crafted and bespoke business advice. For instance, helping you review your business structure to enable you to decide whether you would benefit from incorporation. We’ll construct cash flow forecasts, help you navigate the world of CIS and complicated tax system of the construction industry including IR35, the effective management of the domestic VAT reverse charge for construction, including when and how to apply it and the potential impact on cash flow.
If you own property, one of the best ways we can support you is with your tax planning, in particular capital gains tax. Also, similar to construction business owners, if you buy to let, you may benefit by doing so via a limited company.
Contact us to learn more or if you have any questions.