REAL ESTATE & CONSTRUCTION

Oh, how we admire the towering structures and comforting homes your industry builds, shaping our skyline and adding warmth to our everyday living!

Through our expert accountancy and tax advisory services, we aim to construct a robust financial foundation for your business, paving the way for enduring growth and prosperity.

WHY US?

The standard rate of VAT applies to most goods and services provided by the construction industry. However, there are exceptions – certain types of work, such as new home construction and certain types of renovation, may be zero-rated or reduced-rated.

Your CIS responsibilities might differ based on your role. For contractors, this involves verifying subcontractors with HMRC, making accurate deductions from their payments, and reporting these deductions monthly. Subcontractors need to ensure they’re registered with HMRC and are providing contractors with the correct information. We can assist you in understanding and meeting your specific responsibilities.

This is a tax payable by certain Non-Natural Persons (NNPs) that own UK residential property valued at more than £500,000. NNPs include companies, partnerships with company members, and collective investment schemes.

This is a relief on Corporation Tax and can be claimed by companies that incur expenditure on remediating contaminated or derelict land in the UK.

Why work with us?

At UK Tax Advice and Accountancy, we believe in personalized service for Construction sector, understanding each client’s unique circumstances, providing tailored solutions, timely service, and peace of mind.