A strong foundation
BDO understands the challenges facing construction businesses in meeting tight margins and deadlines, managing risks across health and safety, compliance and cost management and employing high levels of staff, sub-contractors, and suppliers. Achieving profits involves close management of finances, mitigation of risks and making smart decisions to ensure your projects perform, meet stakeholder requirements and return value for shareholders.
Our specialist construction assurance, tax and advisory teams understand what it takes to deliver complex construction projects in accordance with strict deadlines and take a project-managed approach. We provide effective finance, risk and reporting services that can improve efficiency and minimise costs.
BDO has extensive construction sector experience, working with businesses delivering commercial, industrial, residential and highways projects. We also act for construction service suppliers as scaffolding and plant suppliers, demolition companies, water and renewable energy firms.
We also advise on the optimisation of tax outcomes for construction firms through tax structuring and compliance, Capital Allowances, Land Remediation Relief and SDLT, Construction Industry Scheme (CIS), employment taxes and VAT.
A month since lockdown: What challenges is the UK construction sector facing?
Our Real Estate and Construction team hosted a webinar looking at the impact, one month on, of the lockdown on the UK construction sector. We were delighted to be joined by Mark Reynolds, CEO of Mace and Chair of the Construction Leadership Council and Philip King, Small Business Commissioner and host of the Prompt Payment Code.