Property and Construction
We are one of the leading advisers to the Property and Construction sector in Northern Ireland and accordingly our Partners and Directors have a thorough understanding of the needs of this sector and the challenges that client businesses face.
Construction and Building
We provide various specialist services to the construction and building sector including the following:
- Projections and cashflow forecasts for new development sites/potential sites
- Assistance with securing bank finance for site purchase and work-in-progress
- Preparation of detailed costings for sites and the set up of a system for identifying costs per individual house
- Negotiating an agreement for the future purchase of a site (normally where planning permission is likely to be obtained in the medium to long term) by way of an “option to purchase”
- Assisting in the development of accounting systems which can segregate the actual costs of development over site works and out of ground works either on a development basis or individual house basis
- Advice on the computer packages available to the Construction and Building sectors and advising on obtaining timely and accurate financial information
- Advising on the Construction Industry Scheme for both contractors and subcontractors
- Advice on VAT and Stamp Duty Land Tax aspects.
Property
For property transactions we offer an inclusive service that will identify the commercial, financing, accounting and taxation aspects involved and help structure a property deal to best suit the individual and the business.
Specialist services provided to the property sector include:
- Advice on the vehicle or structure most suitable to the aims and objectives
- Project manage transactions in conjunction with legal, banking and other advisors
- Assistance with securing bank finance
- Advice on the VAT and Stamp Duty Land Tax aspects
- Identify methods of efficient profit extraction
- Advise on relevant personal/corporate tax liabilities
- Examine Capital Gains Tax and Inheritance Tax implications