Latest News

Filtered By Category: Property & Construction

Jun 8 2021

Zero rate VAT update

Categories: Property & ConstructionTaxation

Following a recent tax case, HMRC have updated their guidance in relation to items which may be zero rated for VAT purposes when constructing a new residential property. Zero rate VAT applies to the construction services and the building materials incorporated into the new residential property by the persons supplying those construction services. The zero more

May 26 2021

New measures for Construction Industry Scheme claims

Categories: Property & Construction

The government recently brought in updated powers for HMRC to crack down on abuse and help level the playing field for businesses within the construction industry by helping to increase the incentive to provide accurate submissions of Construction Industry Scheme (CIS) claims. These new measures that came into effect from 6 April 2021 do not more

Mar 10 2021

Off-payroll working rules (IR35) from April 2021 within the Construction sector

Categories: Property & Construction

With the off-payroll working rules (IR35) changes coming into effect from April 2021, those working in the construction sector should use this time to properly prepare for how these changes will impact their workforce and their business. Under the legislation, large and medium companies will need to assess if contractors providing services through personal service more

Jan 26 2021

How remuneration planning can help your construction company

Categories: Property & Construction

In light of the COVID pandemic, construction companies have seen a significant reduction in profits and cashflow. To support the continuation of the business, some business owners have had to pay in some of their own money and/or take out less income. Our EQ Property & Construction specialists work together with our clients in order more

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