Our colleagues in Crowe Clark Whitehall UK have recently published their 2017 Property and Construction Outlook Report.
This report has collected the opinions of those working in the industry, identifying the key challenges and opportunities faced with the sector. A number of themes and topics emerged including:
- Uncertainty around the consequences of Brexit is causing many businesses to hold off on investing
- Current UK tax levels are seen as a barrier to growth – specifically Stamp Duty Land Tax (SDLT), Capital Gains Tax and the current 45% rate on income tax
- The impact of technology on the sector, affecting both retail and office market
Many of the topics covered in this UK are prevalent in the Irish market today.
Crowe Horwath a range of tax and advisory services to support organisations operating within the real estate and construction sector, such as assistance with project appraisal, development finance, tax structures and outsourced back office accountancy functions.
Contact our real estate and construction team to find out how Crowe Horwath can assist your business.