Construction & built environment

Andy Northern ConstructionAndy Northern Chief Finance Officer

The UK construction and built environment sector is renowned for high quality building, world-class design and inspirational architecture. The sector is a key player to the UK economy; with the construction industry alone contributing £117 billion to the UK economy and provided 2.4 million jobs in 2018.

Here at Fortus, we’re proud to support business owners of a wide range of the SME businesses that operate within the construction & built environment sector.

How can we help?

Claim Research & Development tax relief

Innovations happen every day in the built environment & construction industries. Yet, so many business owners still don’t realise that activities they undertake might qualify for R&D tax relief.

We’ve help business owners claim thousands of pounds in R&D tax credits in these areas:

  • Developing new construction techniques
  • New methods of installation & procedures for regulatory requirements such as health & safety or low/zero carbon technologies.
  • Testing & calculations for new construction techniques
  • Redesign of products & materials
  • New energy saving techniques

Build the right teams

Whether its people choosing to leave the UK, changes to the migration system or skills shortages – these things will alter and challenge the demographic of the built environment sector now and in the future.  HR, talent services & payroll are not service’s you’d necessarily expect from a business advisory and accountancy firm. But, through our People Services team we can help you overcome your HR & people challenges.

Succession planning

We support owners who wish to sell their business to management, or management teams that are looking to buy businesses from the owners. Employee Ownership Trusts are particularly popular within architect practices.

Alternatively a trade sale may be the preferred route to exit and this can generate enhanced consideration for a vendor compared to a structured internal transaction

We also engage with clients who either want us to source potential targets they wish to acquire or are seeking to raise funding whether it be from mainstream Banks and other lenders including with Private equity firms.

Get more from property

As a business owner, you’re likely to have some form of commercial property or a property portfolio. Whether it’s finding the right business premises, claiming back Capital Allowances or negotiating a new lease, our in-house team of Property Advisors will get the most out of your property assets, and reduce your occupational costs.

Tax relief for land remediation

Did you know that you could claim 150% on costs incurred cleaning up contaminated land or buildings that you’ve purchased?  If you’ve incurred costs that wouldn’t have been incurred if the land or buildings were not contaminated, then you may well be eligible for this valuable relief.

Reduce post tax costs

Utilising capital allowances can be a way to reduce the post-tax cost of business assets when investing in things like machinery, equipment and fixtures. Many companies miss out on capital allowance they could be claiming – are you?

Our specialist construction & built environment accountants & advisors deliver innovative business and accountancy advice to the owners of companies within the sector.  Our portfolio of clients ranges from construction, engineering, architects, developers, contractors to sector suppliers.

"Being a contractor, it's very important that my accounts are in order, and so the team at Fortus always make sure I'm in front and advise me with plenty of notice when something needs taking care of."

Rob Salt R.A.S Masonry Ltd.

Interested?

Interested in working with our Construction & Built Environment Team? Contact Andy now.

Email Andy

Need more info?

If you want to find out more and understand how we'll work with you and make a real difference to your built environment business.

Get in touch

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