Property Development and Construction

Property development involves large sums of money on small numbers of business transactions and are therefore high risk – if something goes wrong then the results can be catastrophic. On the other hand projects can be extremely profitable and carefully selected and well managed projects are an opportunity to generate returns not available in many industries.

Construction contractors are under constant pressure to improve margins, reduce costs and improve predictability. Motivating and monitoring on site workers, having good financial controls and job budgets, are some of the essentials to project management and contractors need to constantly re-examine business processes and practices to make sure they stay ahead of the game.

Legislation is increasingly a burden, and the complicated issue of subcontractors, employed versus self employed has added to this. The latest CIS rules have placed a new burden on the employee that has significant tax implications.

We can help by

Good Costing systems are a a fundemental core to the business and through our remote access services or advising you on your own systems, we can help design and implement tight systems to help you manage your project and keep a tight hold on costs.

We can assist by running your payroll and acting as your agent for online filing of CIS forms and allowing you to concentrate on the key areas of your business.

Through good tax and financial planning we can help you ensure that your business is correctly focused and driven and that you and your staff know where you are heading.

We can offer specialist tax advise relating to VAT and other tax issues and help give you peace of mind that compicated transactions are dealt with in the correct manner.

If you would like to find out what that means for you call us now for a free consultation with one of our Client Relationship Managers or e-mail accountant@davidhoward.co.uk