Property Developers

How Kingston Smith’s property team can help developers

GETTING THE RIGHT ADVICE

With a depressed residential and commercial market it is a challenging time for developers. Finding opportunities to buy land at competitive prices and planning how best to adapt to the changing environment is key. A number of our clients are looking at opportunities to take properties in part exchange and also to let unsold properties. Whilst these commercial solutions give our clients the head room they require, they also raise tax issues (in particular VAT issues) which can eliminate all of the benefits.

HOW WE CAN HELP YOU

We work with developers to ensure these problems do not arise by planning the transactions and creating suitable structures to allow them to minimise their tax exposure, help them access funding and address the challenges of the current market place. Depending on your objectives, there are a number of ways to do this.

We also offer Developers a range of other services:

• Our tax team can ensure that all your costs that qualify for remediation relief are identified and full tax allowances obtained
• Our VAT specialists can address your VAT issues on an ongoing basis
• Our Audit and Accounts team can prepare your annual accounts and corporation tax returns
• Our management accounts and book keeping teams can provide outsourced book keeping support, as well as run payrolls

HOW WE WORK WITH YOU

We will provide you with the right advice at the right time in order to make the maximum financial impact. We do this by providing you with a Partner who is accessible, who will take the time to understand your business and who will co-ordinate a team of accounting, tax and audit specialists to successfully meet your objectives.

ABOUT KINGSTON SMITH'S PROPERTY TEAM

Kingston Smith is the fastest growing top 20 firm of Chartered Accountants. Our property team have considerable experience in the property sector and work with clients in development, construction, investment and management. We help these clients run their businesses more successfully by providing practical advice such as planning ownership structures to minimise their tax exposure, accounting services ranging from bookkeeping, management accounts to the preparation and audit of year end financial statements to improve financial efficiency and helping source alternative methods of funding.

To find out more about Kingston Smith's bespoke services to the sector click here

CONTACT US

Kingston Smith Property Team

Martin Muirhead +44 (0) 20 7566 3705
Heather Powell +44 (0) 20 7566 3811
David Benton +44 (0) 1708 759 701
David Montgomery +44 (0) 1737 781 545
Jonathan Seymour +44 (0) 20 8848 5531
Nigel Birch +44 (0) 1727 896 006

Financial advice is provided by Kingston Smith Financial Advisers Ltd, an appointed representative of Argentis Financial Management Ltd which is authorised and regulated by the Financial Services Authority (FSA). The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, tax advice, wills, trusts or certain offshore investments.