Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
Karen Brown
Tax Assistant Manager
12 December 2024
VAT on developing buildingsA key consideration of development budgets is the VAT incurred on the costs involved. This can take the form of a cashflow cost for “End-Users” of the buildings, i.e., paying VAT on the charges raised by the contractors and then recovering this via VAT returns. Or the VAT could represent an absolute cost if it is not recoverable in the hands of the developer. It is crucial, therefore, that VAT reliefs which apply to certain elements of construction works are applied, where available. Here we summarise the two key VAT reliefs, and how they apply.
Nicola Sargeant
Tax Senior Manager
11 December 2024
Be aware of scammers attempting to commit tax fraudWith the tax filing deadline around the corner, it’s more important than ever to be vigilant about scam emails and phishing attempts.
10 December 2024
Rural business update following the Autumn BudgetThe Budget Announcements delivered by the Chancellor Rachel Reeves will have a significant impact on succession planning for rural businesses.
06 December 2024
How to make sure your employees know the value of their financial wellbeing benefitsIn a competitive job market, there could be more you can do with benefits you already have in place but don’t feel staff are aware of the true value of.
Scott Dunbar & Alex Docherty
05 December 2024
Family business outlook for 2025Family businesses find themselves at a crucial juncture, balancing tradition with innovation in a rapidly changing economic landscape.
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