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PROPERTY & CONSTRUCTION SECTOR CHALLENGES

Menzies

The property and construction sector has experienced real challenges of late. OVERSEAS INVESTORS Some of the biggest tax changes in recent years have impacted overseas investors of UK property bringing them into the UK tax regime for the first time. LOOKING TO EXPAND YOUR PROPERTY BUSINESS OVERSEAS OR INVEST IN THE UK?

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A mixed autumn statement for the property and construction sector   

Menzies

The autumn statement has been a mixed bag for the property and construction sector. Whilst it provides good news for larger scale infrastructure projects it fails to address some of the sector’s key concerns. Here’s our summary of the main points: What does this mean for the Construction sector ?

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Spring Budget 2024 – Property Sector Commentary

Menzies

Furnished holiday letting regime to be scrapped The biggest headline grabbing announcement from the Spring Budget as far as the property sector is concerned is the scrapping of the Furnished Holiday Lettings (FHL) regime. Did the budget produce any positives for the property and construction sector?

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Commercial Real Estate Market Predicted to Rebound in 2024

CPA Practice

The battered commercial property business will likely see a rebound later this year. Commercial property investments in the Dallas-Fort Worth area were down by more than 60% through the first nine months of last year. Several Dallas-area commercial properties have recently been threatened with foreclosure as mortgages came due.

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Property & Construction: Spring Budget 2024 Predictions & Wish List

Menzies

See our Property & Construction Team’s predictions and wish list for the Chancellor’s Spring Budget 2024 below. Reconsidering tax relief In the residential rental sector, there is an increase in the number of private landlords suffering rent arrears as lower income tenants struggle to pay rents.

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Business Tax: Property matters

Menzies

Businesses operating within the property and construction sector may have specific needs and requirements that are not commonly found in other sectors. This may include for example complying with the Construction Industry Scheme. Whatever the issue, our sector team has the relevant specialist to assist.

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LLC vs. S Corp: Which Offers Better Tax Savings?

Cherry Bekaert

Rental Real Estate Considerations It is common to own rental real estate property inside an LLC, as it offers asset protection, limits personal liability, provides a flexible management structure, allows for an unlimited number of owners, grants the ability to attract capital investments, and extends several key tax benefits.