The property and construction industry is one of the biggest contributors to the UK economy. Every year it brings billions to the country’s overall GDP.
A sector this significant requires experts and specialists to cover every aspect of a business. This is why we have a dedicated team of property and construction accountants to support our clients in this sector.
Whether you’re after advice on taxation, strategic direction or conducting an audit for your property and construction business, we have a specialist who can answer your questions.
Experience in the property and construction sector
PKF Francis Clark has been working with construction and property businesses since our company started over a century ago. We work with clients who are investors, property developers, builders, subcontractors, landlords and other professionals within the sector. Our services include support with audits, tax advice and management of the record keeping and accounts production.
Specialist Property Accounting Advice
Clients can rely on us for help on matters regarding property development, buy to let, and corporate finance. As well as tax advice on property transactions, including land remediation and stamp duty land tax.
For developers and investors, we can also advise on all the finance issues surrounding the purchase and funding of UK property.
Commercial and residential property accountants
Whether you are buying commercial or residential real estate, and have long term investment, development or buy-to-let motivations, we have an accountant who can help you maximise your investment.
Audit and assurance
Corporate Finance Support
When you’re looking to grow your business, our award-winning corporate finance team is on hand to give you advice tailored to the property and construction sector.
They offer advice on acquisitions, mergers, management buyouts, raising funds and due diligence to ensure you make informed decisions that secure the future of your business.
Special businesses vehicles and structuring your company
If you’re considering business investment and acquisitions, setting up an SPV may be a smart move. But, as with all areas of business ownership, it can be fraught with potential pitfalls.
At PKF Francis Clark, we can give you advice on all aspects of structuring your property and construction business, including the process for starting an SPV to maximise company and investment security.
Help with all aspects of tax
Any business running in the property and construction sector will carry out transactions that fall under a number of tax requirements.
Whether you need support with VAT, stamp duty land tax, capital gains tax, or even tax planning for the financial year ahead, our team of tax accountants can help.
Capital allowances and tax exemptions
As well as keeping you compliant with taxation law, we can work to ensure you are staying tax-efficient too.
Supporting the construction sector with CIS
CIS is an issue that is unique to the construction industry. It can also be a complicated one, and the guidance around it isn’t always clear.
Our team have extensive experience and specialist knowledge about the rules and obligations around CIS. They can perform a CIS Health check on your business and help you avoid any penalties or punishments from HMRC.
The range of services provided by our property and construction accountants include:
- Business structuring (including using SPVs)
- Help with CIS (Construction Industry Scheme) tax requirements and employment status matters
- Property & Construction specific VAT advice and Tax planning
- Opportunities for mitigating SDLT liabilities
- Maximising the impact of capital allowances
- Accounting support on issues such as income recognition, WIP and asset classification
- Business recovery and re-organisation including CVAs
- Project finance and risk management
Unrivalled knowledge of these sectors
The PKF Francis team of chartered accountants have an unrivalled range of knowledge about the construction & property industries.
We partner with businesses to identify ways to streamline their accounts and make their businesses more profitable. This can be through streamlining tax, from VAT to capital gains tax. Or through corporation finance, looking at business growth or other business developments.
NEED SPECIALIST CIS TAX ADVICE?
Our construction industry scheme (CIS) tax advice specialists will help you negotiate your way around the CIS tax compliance guidelines quickly and easily.