Events of the last two years have proved, yet again, that property development is a high risk business, but the preceding years also confirmed that it can be a sector of high rewards. The challenge for those involved in the property sector, be that developers, builders, portfolio holders or even accountants providing strategic advice, is how to even out the cycles and maintain a healthy business, even when the macro economics are against you.

There is no magic formula or silver bullet; it is, more, about understanding the dynamics of the sector and managing your resources accordingly. Harwood Hutton has partners, who have worked directly in this sector, as well as providing expert advice to property sector clients from an accountancy perspective over many years.

Understanding the intricacies of property development project management, the raising of finance, the treatment of VAT and other areas of taxation, as well as understanding the interface with the construction company / builder and all the issues they face – not least of which is the treatment of sub contract labour, allows Harwood Hutton to provide appropriate and timely advice to its clients in this sector.

Nowadays, businesses have recognised that the services of an accountant deliver far more than just the compliance element required through the production of a set of annual audited accounts! In these more challenging times, the corporate structure of our clients has been under constant review to ensure that no opportunities for the greater protection of the business, its owners and its assets have been overlooked.

From our base in Beaconsfield in Buckinghamshire, Harwood Hutton uses its long standing expertise in the Property and Construction sector to deliver high level intervention to clients across all areas of the sector and, geographically, into West London, across to Reading and north to Oxford and beyond.