Property Developers
Property development is a dynamic and rewarding field that involves generating profit through short-term projects, including new builds, conversions, and renovations.
However, navigating the complex financial and tax landscape can be challenging without expert guidance.
At Friend & Grant, we specialise in providing tailored accounting and tax services to support your development projects and maximise your profitability.
Our Services for Property Developers
VAT and CIS Compliance
Navigating the intricices of VAT and the Construction Industry Scheme (CIS) is essential for successful property development.
We ensure you remain compliant with the latest regulations, avoiding costly mistakes that could impact your bottom line.
We provide guidance and advice around the VAT treatment on newbuilds, renovations and conversions to optimise tax efficiency.
For more information see our VAT on Properties video.
As a property developer you may need to operate a CIS scheme, and this involves the correct application, deductions and filings.
Compliance is crucial to understand more see our video What is CIS?
Profit and Tax Management
Avoid common tax pitfalls such as the misclassification of development profits and incorrect claims for tax reliefs.
We provide expert advice to ensure that your projects are tax-efficient and profitable.
We ensure correct profit classification to avoid unnecessary tax liabilities, tax relief optimisation and advice on claiming on capital allowances.
Development Finance
Securing the right financial structure is vital for maximising returns on your property development projects.
We provide guidance on financing options and strategies to enhance your financial efficiency.
From project financing, optimising your financial structure and monitoring cashflow throughout the lifespan of a project we can assist you in helping projects to stay on track.
Understanding Development Tax Issues
Property development has distinct tax implications compared to property investment.
Proper understanding and management of these issues are key to successful project execution.
It’s crucial to differentiate between trading profits and capital gains, handling VAT and CIS correctly and undertaking tax planning activities to ensure optimum position.
Our expertise help you navigate these complexities, ensuring compliance and leveraging opportunities for savings.
Get Professional Advice
Ensure your property development projects are managed efficiently and profitably with our specialist support.
Contact us to arrange a discovery meeting and discover how our tailored services can enhance your development ventures.