Whether you are an investor with a portfolio of properties, a property developer or in the construction business, we can help. At AAB we have years of experience of supporting our clients in the property and construction sectors and our knowledge of the issues and risks involved means we understand the challenges you face.
You can draw on our expertise to help you navigate the complex compliance requirements of the sector including VAT, Land and Buildings Transaction Tax, CIS and the Annual Tax on Enveloped Tax. Our specialists in VAT and Capital Allowances can also help by ensuring that you are claiming all the available tax reliefs.
The support we provide goes far beyond the audit, accounts and tax compliance processes. Having the best strategic advice on structuring investments and development projects, ensures that taxes are kept to a minimum, helps secure the more appropriate funding and provides a platform to maximize profitability and facilitate growth.
A local property developer struggling with funding and looking to secure its future to allow it to realise its investments in key development opportunities.
Having been recently appointed advisors to a company that rents out industrial and office buildings, we identified significant tax relief in the form of Capital Allowance was available on expenditure the company had incurred constructing new industrial and office units over a number of years. Our Specialist Capital Allowance Team was engaged to identify and maximise the expenditure qualifying for relief.
Successful privately owned UK construction business with an ageing senior team of managers and directors who retained all company knowledge and held key relationships with customers/suppliers. Some members of the senior team (also shareholders) expressed their wish to retire in the medium term, but with neglect of business / future planning, AAB worked with them to develop a succession plan.
One of the world’s largest window covering companies based in the US looking to expand their capabilities in the UK.
The client had identified an installation and project management contractor delivering window coverings to some of the largest commercial office developments in the UK.
A local corporate property developer was approached to sell a building that had been constructed on land the company owned to a commercial real estate fund. The company shareholders wished to progress with the sale and contacted us for advice on the tax implications of this asset sale.
Our client commenced in business as a property developer. Over a number of years, a significant element of the profit achieved from property development was invested in property which was being let to third parties.
The investment property was purchased in group companies and was now significant enough to prevent tax reliefs available to trading groups from being available.
We were approached to advise on how to tax efficiently separate the trading and non trading activities.