Botham Accounting 2024 Spotlight

Our clients include companies, developers, land owners, property funds, contractors, architects, professionals and engineers. We are imaginative; we are aware of the world around us and constantly seek new ways of thinking. We are proactive; we never stand still and act with pace and vision. We are collaborative; we work together in a spectrum of ways with everything we do.

Together we will look at your business or SPV and ask what you want to achieve and explore the various options available. The earlier that it is done in a project /business the easier it is to maximise the profits that come in to your hands.

We can model the expected monetary flow of the life of a project and monitor and report on the actual to predicted outcome helping to make sure that bids have sufficient margin to be profitable, make sure that cash is available as and when it is needed and to keep control of the overall costs. We can also help with reporting to your bank for covenants and management account preparation.

Capital Allowances for Property – The rules for these evolve and change continuously. We can make sure that all available allowances are claimed, experience has taught us that some can easily missed if thought isn’t given to this.

Land Remediation Relief – This relief may be claimable where land has been contaminated, derelict for some time or where flood defence work is required prior to development.

R&D Tax Reliefs – the rules for claiming these can be misunderstood and we have been able to help businesses make sizeable claims that previously went unrecognised.

CIS Scheme – we can help with compliance with the HMRC rules and making returns.

Stamp Duty Land Tax – generally people accept that SDLT has to be paid as part of life and give it minimal consideration. Early thought as to how it will apply to transactions and careful structuring may result in substantial mitigation of this tax.

We are also experts in providing financial advice on:

• Auditing companies that operate contract accounting methodologies
• Revenue recognition on construction contracts in accordance with FRS102
• VAT planning and advice
• Tax treatment of renewable projects
• Funding
• Project planning
• Cashflow planning
• Payroll/IR35
• Dealing with HMRC investigations
• Settlements and dispute resolution