Construction projects are high risk. They present enormous fiscal requirements and unusual logistical challenges for companies constructing new buildings. Underestimating risk can lead to poor procurement strategy. The lack of skilled resources to actively manage the risk of project implementation may lead to poor decision-making.

Construction contractors are under constant pressure to improve margins, reduce costs and improve predictability. Developing long-term relationships with key strategic suppliers is a key part of delivering this strategy. This involves construction companies motivating their contractors to be pro-active, to develop new approaches, to find solutions and to work with them to reduce risk.

Furthermore, there is the complicated issue of subcontractors, employed versus self employed. The latest CIS rules have placed a new burden on the employee that has significant tax implications.

We can help by

As a firm of Chartered Tax Advisers we can go further. We can offer:

• project and taxation appraisal
• corporate finance opportunities and joint venture
• profit and loss forecasts, balance sheets and cashflow
• ongoing measurement and re-appraisal against budget
• advice on taxation implications of employed versus self-employed issues with contractors
• outsourcing of facilities for CIS compliance and returns
• advice on VAT options to tax, stamp duty, land tax and environmental taxes

If you would like to find out more about our services and what we would do for you call us now on: 0870 770 8111