Property and construction businesses

Whether you are involved in building, investing in, renting out or managing property, working with expert advisors who understand the property and construction sector will provide your business with a solid foundation for growth and success.

At Milsted Langdon in Bath, Bristol, Taunton and Yeovil, our property and construction specialists can provide practical, proactive advice to help businesses including construction firms, property developers, landlords and professional practices, including architects and surveyors, to operate as efficiently and cost-effectively as possible.

We offer a range of services to make day-to-day life easier for property and construction businesses, including bookkeeping, payroll, with particular expertise in the Construction Industry Scheme, and bespoke management information.

With substantial sums involved in property and construction projects, we recognise that robust financial systems and forward planning are crucial to maintain and maximise financial health at every stage. From cash flow to credit control, working capital issues to ownership structures and raising finance for investment to restructuring, we can help.

Our comprehensive experience in property and construction-related taxes includes stamp duty land tax (SDLT). As property transactions involve substantial sums, SDLT can be a significant cost consideration but the financial implications are just one factor to be considered.

Other SDLT issues that may need to be taken into account include those relating to debts on properties transferred, exchanges, goodwill, leases, linked transactions, overage agreements and partnerships.

We understand that VAT issues relating to the sale or purchase of land or property and property development can be particularly challenging and by looking at the VAT consequences as a key part of project pre-planning, we can help ensure VAT efficiency will be maximised and pitfalls avoided. Other tax issues on which we can assist include capital allowances for plant, machinery and integral features and capital gains tax.

We add further value to our services for property and construction businesses through our in-house consultant economist Kevin Butler, who has a strong track record in providing economic impact assessments demonstrating the financial benefits of proposed commercial developments for the local economy to help clients gain planning permission, including on appeal.

Other services include:

  • business-start ups
  • business development and strategy
  • acquisitions and mergers
  • cost projections
  • assessing the profitability of construction and property development activities
  • exit strategies and succession planning.

For more information on how we can assist property and construction businesses in Bath, Bristol, Taunton, Yeovil and London, please contact us.