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Filtered By Category: Property & Construction

Apr 11 2017

Apprenticeship Levy Update

Categories: Property & Construction

The new Apprenticeship Levy begins from 6 April 2017. This will have to be paid by businesses that have an annual wages bill of over £3m but it is important to note that all businesses, regardless of size, will be able to benefit from the fund. The process for claiming the levy in Scotland will more

Feb 22 2017

What the fall in the pound means for the Construction sector

Categories: Property & Construction

The fall in the value of the pound is leading to an increase in material prices for 70 per cent of UK builders, the Federation of Master Builders has warned. New research from the trade association has revealed that a 20 per cent rise in the price of timber and other building materials is leading to builders having to rapidly more

Feb 8 2017

Changes to Business Rates & Valuations

Categories: ProfessionsProperty & Construction

A number of important announcements regarding changes to Business Rates and valuations of non-domestic property in Scotland in 2017 have now been confirmed by the Scottish Government. These announcements cover the changes to reliefs and surcharges for 2017 which will significantly impact businesses’ rates bills for 2017-2018. Along with changes to business rates, the Scottish more

Jan 13 2017

Construction in 2017 and 2018 and the effects of Brexit

Categories: Property & Construction

The forecasts for the construction industry over the next two years are a bit of a mixed bag, primarily as a result of the ongoing Brexit debate and forthcoming negotiations. Construction activity in the UK is expected to remain broadly flat in 2017 and 2018, but drilling down in to the sector shows potential growth more

Nov 25 2016

Apprenticeship Levy

Categories: Amber AccountingProperty & Construction

From April 2017, all UK employers with annual gross wage bills of more than £3m will have to pay an apprenticeship levy. The levy is aimed at funding an increased uptake of apprenticeships. The rate of the levy will be 0.5% of the employer’s annual wage bill. The UK Government expects to raise up to more

May 20 2016

Case Study on VAT Treatment of Serviced Plots

Categories: Property & Construction

Our client had a few acres of bare land with outline planning permission for 12 houses. He could have sold the bare land to developers and received £1.2m. If he paid for services to be put in and connected up to each plot he would be able to sell the serviced plots for at least more

Apr 25 2016

£110m of work up for grabs in Edinburgh

Categories: Property & Construction

Construction companies in the Edinburgh area are being urged to apply early if they are to share in a £110 million boom of work in the city. Over the coming year, Robertson Partnership Homes and Robertson Central will be working on a number of high-profile projects in the capital, covering housing, regeneration, research facilities, waste more

Jan 12 2016

CIS errors by contractors raises £154m in unpaid tax

Categories: Property & Construction

HMRC’s yield from tax investigations into the construction industry rose by 17% to £154.2m in the last year, up from £131m the previous year as self-employed builders and sub-contractors are targeted by HMRC. The amount collected from HMRC’s investigations in the construction sector has more than doubled in the last five years, up from £66.9m more