Property and Construction Accountants
In the competitive world of property and construction, managing your finances efficiently is crucial for success. At Xeinadin, we understand the unique challenges and opportunities your business faces. Our experienced property accountants are dedicated to helping you navigate the financial landscape and make informed decisions that drive your business forward.
Why do property and construction companies need accounting and bookkeeping?
In the property and construction industry, sound financial management is essential for long-term success. From managing multiple contractors and suppliers to adhering to local tax laws, the financial complexity can be overwhelming. Additionally, you must navigate complex cost allocations and project tracking.
Our property and construction accounting services are designed to empower your business, allowing you to focus on what you do best while we take care of the numbers. Contact us today to discover how our expert accountants can drive your property and construction business to new heights.
Partnering with Xeinadin means:
- Streamlining your accounting processes for better financial oversight and accuracy.
- Ensuring compliance with construction-specific tax rules, including sales tax, payroll tax and property taxes.
- Effectively managing cash flow to handle the unpredictable nature of construction payments and expenditures.
- Tracking costs across multiple projects to optimise profitability and project performance.
- Generating detailed financial reports for stakeholders, investors and internal teams to make informed decisions.
Our accounting services for property and construction businesses
01
Industry Expertise
Our property and construction accountants have extensive knowledge of the sector. We stay up to date with industry trends, tax regulations and compliance requirements, ensuring that you receive expert guidance tailored to your specific needs.
02
Cost Control and Financial Planning
Cost control is paramount in property and construction. We help you optimise your expenses, maximise profitability and develop robust financial plans that align with your business goals.
03
Tax Efficiency
Our construction and property tax accountants can minimise your tax liabilities, take advantage of available deductions and credits, and ensure compliance with ever-changing tax laws. We work diligently to help you retain more of your hard-earned money.
04
Streamlined Bookkeeping
We take the hassle out of property and construction bookkeeping, freeing up your time to focus on growing your business. Our advanced software and processes ensure accurate and organised financial records.
05
Business Growth Strategies
We partner with you to develop growth strategies tailored to the property and construction industry. Whether you’re expanding your operations, acquiring new properties, or taking on larger construction projects, we provide financial guidance every step of the way.
06
Customised Solutions
Every business is unique. We create customised accounting solutions that address your specific challenges, whether you’re a real estate developer, general contractor, subcontractor, or property management firm.
How Xeinadin can support you
Why choose Xeinadin accounting for property and construction?
- Property and construction expertise: With extensive experience serving businesses throughout the UK and Ireland, our accountants for property and construction have a deep understanding of your unique financial requirement.
- Tailored solutions: We look at your property and construction business's unique challenges to deliver bespoke advisory services.
- Specialists in tax optimisation: Our property tax accountants can help you maximise deductions and increase your tax efficiency.
- Trusted by businesses: We support over 100,000 clients and provide over 40 fields of expertise.
- Nationwide and local support: With multiple offices nationwide, our construction and property accountants are always nearby to provide in-person support when you need it. Reach out to learn more.
Meet our accountants for property and construction businesses ​
Michael Butt
PartnerAccounts, AssuranceManchester
Richard Lloyd
Audit & Accounts PartnerAudit and Assurance, HospitalityManchester
Jane Stacey
PartnerProperty, Property & ConstructionLondonFind local property and construction accountants
Looking for construction and property accounts near you? Xeinadin’s combination of local relationships and nationwide presence means we can connect you with local professionals who truly understand the financial challenges in your industry.
Our local offices provide in-person support combined with cutting-edge technology and strategies to help you save on taxes and manage your finances more efficiently. Get in touch today to explore how we can support your business.
Property and construction accounting FAQs
There are several important taxes that businesses and investors need to be aware of:
- Capital Gains Tax (CGT) is charged on the profit made from selling a property or asset that has increased in value.
- Stamp Duty Land Tax (SDLT) is a tax imposed when purchasing property or land in the UK. It applies to both residential and non-residential properties, with the rate depending on the purchase price and type of property.
- Commercial property transactions and certain construction services may incur VAT. The VAT rate on most property-related services is 20%, though some may qualify for reduced rates, such as certain residential construction or refurbishment projects.
- Corporation Tax applies to companies involved in property development or trading. Property development businesses, or those that hold property as part of their trading activities, are required to pay Corporation Tax on the profits they make from the sale or rental of property.
Our construction and property tax accountants can help you understand your tax responsibilities and optimise any applicable deductions.
Construction businesses must adhere to specific VAT rules, including the VAT Domestic Reverse Charge. This mechanism shifts the responsibility for VAT payment from the supplier to the customer, aiming to reduce VAT fraud in the construction sector.
The CIS is a UK tax-deduction scheme for construction contractors and subcontractors. If your business involves construction work, you must register as a contractor or subcontractor under CIS. This ensures correct tax deductions and compliance with HMRC regulations.
Yes, Xeinadin also specialises in accounting services for property investment, offering support with property transactions, capital gains tax planning and portfolio management.
Book a meeting
Book a free, no-obligation chat with our experts where we find out a bit more about your business, explain our services, and detail how we could work with you.
Get in touch
Whether you have a clear goal in mind or are open to exploring possibilities, we’re at your service.
