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Property & Construction: Spring Budget 2024 Predictions & Wish List

Menzies

Menzies LLP - A leading chartered accountancy firm. See our Property & Construction Team’s predictions and wish list for the Chancellor’s Spring Budget 2024 below. A decreasing stock of private rental housing could be disastrous for low-income families as there is also a lack of available social housing.

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A mixed autumn statement for the property and construction sector   

Menzies

Menzies LLP - A leading chartered accountancy firm. The autumn statement has been a mixed bag for the property and construction sector. Here’s our summary of the main points: What does this mean for the Construction sector ? Sadly, this has also been ignored. It’s not all bad news, however.

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Spring Budget 2024 – Property Sector Commentary

Menzies

Menzies LLP - A leading chartered accountancy firm. The Government believes that scrapping the FHL regime will “make the property tax system fairer and more efficient” and will “level the playing field between short-term and long-term lets and support people to live in their local area”.

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Autumn Budget: Property Wishlist & Predictions

Menzies

Menzies LLP - A leading chartered accountancy firm. CIS The UK Construction Industry Scheme (CIS) has been operating for many years, and back in April, the government launched a consultation on reform to remove a number of longstanding irritations for those companies who have to make CIS returns.

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What does the Manufacturing sector stand to gain from this Autumn Statement?

Menzies

Menzies LLP - A leading chartered accountancy firm. Apprenticeship growth sector pilot: The government is committing £50 million to deliver a two-year apprenticeships pilot to explore ways to stimulate training in growth sectors including manufacturing, and to address barriers to entry in high-value standards.

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IR35 – where are we now?

Menzies

Menzies LLP - A leading chartered accountancy firm. Construction is another target area due to the use of contractors. What is IR35? The off-payroll working rules, or IR35 as it’s commonly referred to, have been around for some time.

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Stamp Duty Land Tax – Multiple Dwellings Relief (MDR)

Menzies

Menzies LLP - A leading chartered accountancy firm. Richard Turner – Senior Manager In July 2011 the government introduced a relief designed to encourage private investors into the residential property market. Find out more about our Property & Construction sector expertise.

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