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Services >
PropertyBased Businesses
 Property Development
Being heavily involvedwithin the rural and agricultural economy, we have seen a rapid expansion in thenumber of clients becoming involved within property development either fulltime or on a part time basis.
The tax and VAT planningissues surrounding any property development are crucial to the success of theproject.
We prefer to be involvedprior to the start of any project to ensure that the funding, ownership issues,tax planning, VAT planning and long term strategic planning have been addressedprior to commitment of funds, given the substantial figures involved.
Property Portfolios
The buoyant residential property market in recent years, together withincreasing availability of buy-to-let mortgages has created opportunities forindividuals to utilise the equity in their main residence to enter thissector. We work with our client in the following areas:
- Presentation of business plans to potential lenders to secure the cheapest funding available
- Advising on the trading structure, ie incorporation, sole trader, partnership or trust
- Advising on VAT matters attaining to property
- Tax planning to include capital gain and inheritance tax and advising on the reliefs available. This sector provides numerous opportunities for tax planning as individual deals are usually of high value which with careful planning there are opportunities to avoid a potential tax charge at a future date
SIPP & SSAS
Disillusionment with the performance of traditional insurance basedpension funds has made the SIPP and SSAS route a more attractive option toprovide for retirement. Following the new regulations that took effect in2006 we have worked with numerous clients in the following areas:
- Liaising with existing pension providers to establish current levels of funding which will be available for investment in to a SIPP / SSAS
- Formulating proposals to present to potential lenders where a decision has been made to “gear up” the pension fund
Nursing and Residential Homes
This sector continues to be heavily regulated which stretches thedemands on proprietors who try to balance their time between providing qualitycare to residents, complying with legislation and other regulatory matters andtheir personal life.
Our experience with this sector enables us to work with owners in thefollowing areas:
- Advising and implementation of effective management accounting systems
- Assistance with forecasts to secure funding for major refurbishment / capital expenditure or acquiring new homes
- Through our partner businesses, advising on human resources issues
- Strategic and tax planning to ensure that the proprietor’s own business and personal objectives are met
Require more information?
f you would like more information or would like to ask us a question then call us on 01823 461110. To ask us a question online click here.
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