In our third issue this year we find the construction industry facing a ‘mixed bag’ of challenges. While Brexit has contributed to the industries short supply of labourers, specialist trades and building materials resulting in increased costs, UK construction is expanding at a record rate, and we have seen the biggest property sales boom in ten years. Now six months into trading post-Brexit, we take a look at some of the key Brexit related VAT and Customs Duty issues that relate to the Real Estate and Construction sector.
It came as no surprise that that the Governments Net Carbon Zero target was a major discussion point at the G7 summit. In this issue we contemplate some of the challenges and opportunities this target offers to the industry and explain some of the new rules.
We also try to establish ‘when does a car look like a van’? and take a look at the current rules and tax implications, investigate how you could sell your company without having to pay any tax on the gains, and review recent Valuations and Deal Volumes in the Construction Sector, how they have been impacted by the pandemic and look at common valuation methods in the sector.
How we can help
MHA member firms have a wealth of experience in the Construction and Real Estate market and together act for a wide variety of businesses. Knowledge sharing across the association allows us to develop best practice and means that we are best placed to assist you wherever you or your business is based.
Whatever type of property portfolio you have, we have experience that can help you meet your strategic goals and grow your portfolio. Whether you’re looking to mitigate threats or to take advantage of opportunities, we’re here to guide you along the way.
Find out more
If there are any topics within this issue you would like further information on, please do get in touch.
