Latest News

Filtered By Category: Property & Construction

Dec 4 2020

Update on the local construction sector

Categories: COVID-19Property & Construction

Despite the COVID-19 pandemic, many of our construction clients have been extremely busy over the past six months. With restrictions on our ability to spend our hard-earned money on travel, leisure and hospitality, a significant amount of this spend has switched to the construction sector. Initially COVID-19 forced the closure of the construction sector but more

May 8 2020

£100m emergency loan fund for SME house builders

Categories: COVID-19Property & Construction

The Scottish Government has unveiled a £100 million emergency loan fund to support house builders affected by the COVID-19 pandemic. Small and medium-sized business with liquidity issues due to the temporary closure of the house building sector can apply for a short-term loan of between £50k and £1m spread over a two year term at a fixed 2% more

Apr 29 2020

Improving cashflow for the construction sector – VAT

Categories: COVID-19Property & ConstructionTaxation

During the COVID-19 pandemic, the inability to work on site is having a massive cashflow implication for all businesses in the construction sector. As discussed in our previous article, Research & Development (R&D) tax credits can increase cash inflow however there are also various VAT relief options. The Governments VAT deferral scheme supports those affected by the COVID-19 pandemic by more