Property

We have years of experience as property accountants and have achieved a high level of knowledge about the property sector. Working with a varied portfolio of clients, our multidisciplinary property group provides comprehensive and efficient property accounting solutions.

Our property accounting expertise

We have decades of experience of working with clients in the property industry and a varied client base. Our clients range from private individuals with property investments, landlords and architects to large property development groups.

A range of property accounting services

Our multi-disciplinary team provides a wide range of accountancy and support services for property companies and those with property investments. In addition to the general accountancy and tax services we provide, we have developed a range of services specifically tailored to meet the needs of our property clients. These services include:

  • Tax planning, including:
    • Maximising Capital Allowances on commercial property
    • Group planning - for capital gains
  • VAT planning
  • International taxation
  • Acquisitions and disposals
  • Service charge audits
  • Strategic planning, monitoring and restructuring
  • Audit and other regulatory reporting
  • Outsourcing services; payroll; company secretarial; management accounts

VAT services

Our VAT practice has considerable experience, going back to the inception of VAT in the UK, in advising clients in the property sector.

We help remove the burden of following rules and trying to avoid complex VAT traps, leaving you to do what you are good at - running your business or managing your investment. Find out more about our VAT services for the property sector.

Service charge audits

Property owners and tenants are now increasingly demanding a transparent, value for money property management service. Having the property service charges audited efficiently is part of this equation.

If you are a chartered surveyor or property manager you will undoubtedly deal with money from these service charges on behalf of your clients. We have an experienced team dedicated to certifying the statements of service charge expenditure. We have systems in place to deal with these audits and a proven track record of servicing numerous property portfolios.

The service we offer includes:

  • Year end adjustments
  • Journal posting
  • Reconciliations

Our careful and efficient approach enables you to provide a seamless service to your clients and their tenants. We are able to respond quickly and provide a fast turnaround of work. We agree timings and fees with you up-front, so that you are in control. We also have the benefit of being able to draw technical support from our other specialist departments within the firm.

Property recovery

We have dedicated property specialists within our turnaround and recovery team that can offer you a specialist property service. Our team offers both lenders and borrowers support and advice on a wide range of issues, always attempting to find solutions that satisfy each party. Find out more about our property and asset recovery services.

The next step

If you would like to discuss the accounting services that we can provide for your property business or investment, please contact one of our property specialists at your nearest location, or complete the contact form.

Ask our Property experts

Allan Hickie

Allan
Hickie

Sittingbourne

Bob Savic 1

Bob
Savic

London

Charles Homan

Charles
Homan

Brighton, Winchester

Clive Gawthorpe

Clive
Gawthorpe

Manchester

Colin Jones Square

Colin
Jones

London

Peter Newsam

Peter
Newsam

Sheffield

Shabir Thantrey

Shabir
Thantrey

Brighton, Winchester

Simon Newark

Simon
Newark

London

Steve Theaker

Steve
Theaker

Abergavenny, Bristol, Newport

Stuart Hutchinson square

Stuart
Hutchison

Letchworth

Latest news

Unreported property income and gains

Given the buy-to-let boom of recent years, it is no surprise that H M Revenue & Customs (HMRC) believe that there are many investors out there who have failed to return (and pay tax) on either their letting income or the capital gain arising on the sale of such properties.
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Government systems face collapse as contractors rush to incorporate following clampdown on managed service companies

Government bureaucracy could be stretched to breaking point as ten of thousands of contractors rush to set up their own companies by the end of March in order to avoid the Government tax grab on managed service companies (MSCs), warns our tax experts.
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HMRC asks homeowners to spy on builders

Homeowners are being recruited by HM Revenue & Customs (HMRC) in their campaign to catch builders who avoid paying VAT, but those who co-operate are taking a risk, warns our London office.

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Importance of standing up to HM Revenue and Customs

Simon Newark, VAT partner at our London office, highlights a recent tribunal case in which HM Revenue and Customs lost their argument.  The case has wide implications for quantity surveyors …
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Commercial property auctions boom warning

£2bn of UK commercial property went under the hammer last year but Manchester experts warn that private investors must beware of diving in.
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Property developer stands up to the taxman

Tax experts are advising property developers to stand up to HM Revenue and Customs after it put forward ‘ludicrous’ arguments at an appeal tribunal.
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North West developers attack Treasury over new land tax

Plans to introduce a development land tax that would rake in £1 billion a year for the Treasury have been slammed by property developers.
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VAT loophole exposes windfalls for property developers

Property developers could claim thousands of pounds in VAT repayments after a landmark ruling that has exposed a tax loophole, say experts.
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Property businesses urged to review salaries

Tax experts are urging husbands and wives who own property companies to review the salaries and dividends they pay themselves, following the Arctic Systems decision.
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Outdated tecniques costing lenders millions

Realistation and recovery procedures should be tightened up in order to benefit lenders, say ins
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Gordon quietly robbing Peter

In his Budget speech Gordon Brown failed to mention one of his highest revenue generating measur
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Local buy-to-let market still buoyant

Clive Gawthorpe, partner and property expert our Manchester office, has criticised scare-mongeri
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Government is criticised

Property expert Phil Oliver has criticised the government for shelving rent reforms, saying the
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Businesses targeted by bogus advisers

Businesses are being warned to beware of cowboy 'advisors' offering to appeal their new business
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Free seminar for local property investors

A free seminar giving advice to property investors has been organised by our Cambridge office.
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A gaze into the buy-to-let crystal ball

Has the stall in the housing market put paid to the rush into buying-to-let?

Turnaround and recovery specialist Nick Hancock, partner at our Manchester office and advisor to numerous institutional lenders on property investment and matters, peers into his crystal ball.

The buoyancy of the UK housing market as a whole rests heavily on the buy-to-let sector, with an estimated 10-15% of all residential property transactions being carried out by investment landlords.

However, commentators are suggesting that investing in the buy-to-let market may no longer be an attractive proposition.
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Manduell promoted to associate partner

Our London office has strengthened its team by promoting Jonathan Manduell to associate partner.
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New fines for new companies

Start-up companies face a new fine if they fail to tell the taxman when they start to trade.
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Latest publications

2011 Autumn Statement

Autumn Statement 2011

Chancellor George Osborne delivered his 2011 Autumn Statement to Parliament on Tuesday 29 November 2011. In his statement he explained what action the Government will take to safeguard the UK from global instability and the euro area crisis and build a stronger, more balanced economy for the future.
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The land and property headache

This guide outlines the issues facing landlords and the services that we can provide.
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Adding Value to Property Recovery

Adding Value to Property Recovery

This brochure provides details of the range of property services that we offer, including property management, strategic planning, investment advice and an overview of a portfolio.
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