We understand that each project in this sector is unique and there are many factors that may affect commercial viability. Account & Finance’s specialist knowledge and insight can make a real difference. We have extensive experience acting on behalf of a range of clients in the construction and property industry, from start-ups to large development groups. We can help with straightforward accountancy and tax matters, but also offer expert guidance and creative thinking on tax planning, VAT issues, business finance and changes to Construction Industry Scheme (CIS) rules.

Residential and commercial landlords

Renting out commercial or residential property can make financial affairs complicated and it is likely that you will need help preparing your tax return or company accounts. For more than 40 years we have been assisting clients with filing rental income returns with HMRC and helping to minimize their tax liabilities.

There are so many things to think about. For example, maximizing capital allowances on the acquisition of a commercial freehold property is very important these days with a 100% initial allowance and annual allowances being deductible from the gross income.

Also, expenses and the manner in which the property is financed can give rise to tax breaks if handled properly.

We can advise landlords about the tax position of their rented property, potential capital gains tax liability and reliefs that apply if those properties are sold. We help to minimize the impact of VAT, Stamp Duty Land Tax and other taxes and assist in the financial appraisal of projects and the management of cash flow and budgeting.

Our services include audits, accounting services and more:

• Capital allowances planning
• Transactional tax planning
• Tax planning on property vehicle structuring
• Overseas ownership of UK property
• VAT compliance and advice
• Tax planning and compliance
• CIS advice
• Banking Reviews