Rsm

Audit and tax advisor RSM has warned of a potential 'domino effect' throughout the construction supply chain following another period of insolvencies in the sector.

Livingston-based engineering firm Glenevin Limited and its subsidiary GCL Hire Limited have been placed into administration with the loss of 45 jobs. Founded in 2013, the firm specialised in multi-utility infrastructure and was involved in the construction of full fibre broadband networks

The Scottish Government should revisit its housebuilding plans in response to the new UK government to avoid "falling behind", a major business has said. In her first first speech as Chancellor, Rachel Reeves announced the UK government’s new mandatory housebuilding targets for England as well

More landlords predict Scotland will attract the most residential property investment outside of London and the South East in the next three years, according to RSM UK’s Real Estate 360 survey. Research commissioned by the audit, tax and consulting firm shows that 14% of landlords believe Scot

Scottish commercial landlords are grappling with new energy performance certificate (EPC) legislation and future decarbonisation targets, according to a report by audit, tax and consulting firm RSM UK. Increases to minimum EPC ratings have already been legislated in England and Wales, with all comme

A partnership agreement to establish two Green Freeports in Scotland has been reached between Scottish and UK Ministers. Following robust discussions in recent months, both governments have agreed:

A hotel that went into administration in 2019 has been sold to a developer with plans to bring new life back to its halls by converting the property into student accommodation.

A vacant builder’s yard and workshop in Bannockburn village has been sold out of liquidation to property developers Lovell Partnership Ltd in a deal which will regenerate the historical site and create 41 new homes, including ten affordable properties. Paul Dounis and Lindsey Cooper of RSM Res

New research published by audit firm RSM has revealed that the pandemic and Brexit could both be acting as catalysts for rebalancing the traditional order of returns in real estate, with Scotland being cited by over three-fifths of respondents to achieve the greatest residential yields in the next f

Jim Burberry, partner at RSM, comments on the Domestic Reverse Charge which was introduced yesterday. After being pushed back twice, the VAT Domestic Reverse Charge for the Construction Industry (the ‘DRC’) was introduced yesterday (1 March 2021). The introduction of the DRC will po

Shirley McIntosh, tax partner at RSM, discusses the new challenges facing the legal sector amid changes in property tax. The start of the new tax year on 6 April 2020 will see the latest in a long line of changes in the taxation of property introduced since April 2013, from new and abolished rules,

RSM VAT partner Philip Munn on the raft of VAT changes coming into force in October. Unless HMRC responds to calls from the construction industry and RSM, on 1 October 2019 the industry faces a perfect storm of VAT issues.

An audit, tax and consulting firm has joined the call for the UK Government to delay its proposed implementation of the VAT Domestic Reverse Charge due to the apparent lack of preparedness from within the industry. The VAT anti-evasion, which will target specific supplies within the construction sec

The weaker pound, Brexit and falling house prices have all had an effect on the increasing number of insolvencies in the UK construction sector, according to RSM Restructuring Advisory LLP. Corporate insolvency figures released by the Insolvency Service revealed that a total of 2,764 company failure

New figures published by the Office of National Statistics (ONS) have underlined fears of a skills gap timebomb in the UK construction sector. The report, which examined the make-up of the UK construction workforce, found clear evidence that the workforce is ageing. In the 20-year period to 2011, th