A vacant builder’s yard and workshop in Bannockburn village has been sold out of liquidation to property developers Lovell Partnership Ltd in a deal which will regenerate the historical site and create 41 new homes, including ten affordable properties. Paul Dounis and Lindsey Cooper of RSM Res
New research published by audit firm RSM has revealed that the pandemic and Brexit could both be acting as catalysts for rebalancing the traditional order of returns in real estate, with Scotland being cited by over three-fifths of respondents to achieve the greatest residential yields in the next f
Jim Burberry, partner at RSM, comments on the Domestic Reverse Charge which was introduced yesterday. After being pushed back twice, the VAT Domestic Reverse Charge for the Construction Industry (the ‘DRC’) was introduced yesterday (1 March 2021). The introduction of the DRC will po
Shirley McIntosh, tax partner at RSM, discusses the new challenges facing the legal sector amid changes in property tax. The start of the new tax year on 6 April 2020 will see the latest in a long line of changes in the taxation of property introduced since April 2013, from new and abolished rules,
RSM VAT partner Philip Munn on the raft of VAT changes coming into force in October. Unless HMRC responds to calls from the construction industry and RSM, on 1 October 2019 the industry faces a perfect storm of VAT issues.
An audit, tax and consulting firm has joined the call for the UK Government to delay its proposed implementation of the VAT Domestic Reverse Charge due to the apparent lack of preparedness from within the industry. The VAT anti-evasion, which will target specific supplies within the construction sec
The weaker pound, Brexit and falling house prices have all had an effect on the increasing number of insolvencies in the UK construction sector, according to RSM Restructuring Advisory LLP. Corporate insolvency figures released by the Insolvency Service revealed that a total of 2,764 company failure
New figures published by the Office of National Statistics (ONS) have underlined fears of a skills gap timebomb in the UK construction sector. The report, which examined the make-up of the UK construction workforce, found clear evidence that the workforce is ageing. In the 20-year period to 2011, th
Kelly Boorman Construction firms are trailing businesses from other sectors when it comes to preparing for Brexit according to the latest YouGov survey commissioned by audit, tax and consulting firm RSM.
With the one year countdown to the new General Data Protection Regulation (GDPR) well underway, audit, tax and consulting firm RSM is urging construction companies to complete their preparation to avoid the risks arising from non-compliance. The regulations, which come into force on 25 May 2018, wil