- Cavernous divide in ‘plant’ arguments
- And the finalists are…
- Green light for Freeports
- E3 Consulting puts property tax on the radar
- Help E3 Consulting grow in a nurturing environment
- Spring Statement 2022 – Real Estate & Construction Update
- E3 joins the dots with Building People
- Property Marketing Awards 2022 – Celebrating 30 years of PMA
- Navigating choppy waters
- E3 helps GPs go green with trailblazing surgery
- CIL – New Research Lays Bare Planning Cost
- Webinar success as spotlight shines on Super-deduction
- CIL appeal win saves householder £22,000
- Business Analyst Flo joins E³
- Budget Day Autumn 2021
- Firing on all cylinders
- LRTR Boost your Tax Savings & Unlocking Toxic Land
- CIL by Numbers!
- Shining the legal spotlight on capital allowances
- UPDATE: 130% Super-deduction to be available for landlords
- Specialist speakers announced for CIL webinar panel discussion
- Happy 18th birthday…to us!
- Land remediation myths cleared up at conference
- E³ Consulting – 18th anniversary
- Tax Day 23 March 2021 … over hyped & under whelming!
- Super-deduction…super insight from E³ Consulting’s webinar
- Budget 2021 – Update – Super Deduction
- Budget 2021 Update – Significant tax breaks for freeports announced
- Budget – 2021 – Small Profit Corporation Tax Rate
- UK FREEPORTS - Will Tax Incentives Fulfil Their Purpose?
- E³ Consulting Support Minstead Trust’s Online Christmas Raffle
- E³ Consulting’s Autumn Property Tax Webinars
- £1m AIA Extension
- Alun Oliver becomes CEDR Accredited Mediator
- Property & Construction Update
- COVID-19: We're operating remotely
- Community Infrastructure Levy (CIL) - New Year, new rules!
- Budget 2020 - Wish list for Eco friendly Buildings
- Todd Arnison joins YEP Southampton committee
- Christmas Quiz and Christmas Opening Hours
- Welcome to our Winter update!
- RICS Community Infrastructure Levy Talks
- University Award for Apprentice Todd
- Toasting a Record Year for E3 Consulting
- Property and Tax Analyst – Fixed Term Contract
- It was 'Not Too Taxing' for the E3 Team at the SPA Clay Shoot
- Finalist in 2019 Accounting Excellence Awards - Specialist Team of the Year
- Finalist in 2019 Taxation Awards - Best Independent Tax Consultancy Firm
- Celebrating 15 Years in Style
- Consulting Boutiques: A Different Perspective on Consulting
- Studying Modern Languages: what skills do you gain and how are these relevant in work?
- It's all in the Mind
- Capital allowance changes consultation
- And the Winners Are...
- Merry Christmas 2018
- International Invasive Weed Conference
- Significant tax savings illuminated at London landmark
- So close for Todd in national award
- Taxing matters for property sector - Seminar 17 October 2018
- National award shortlist for apprentice Todd
- Three top tips for organising a fundraising event - and how these are relevant in business
- Alun takes seat on CLA regional board
- E3's Tax Trappers at it again at the SPA Clay Shoot
- Property Tax Update at Athelhampton House
- E3 Consulting on the Move in Southampton
- Welcome to our New Property Tax Surveyor
- Success at the JCI UK National Convention 2017
- RICS Q3 Market Survey Update
- E3 Consulting's Christmas Puzzle 2017
- Defeat for Taylor Wimpey on Builder's Block VAT Claim
- Non-Resident Landlords (NRL) to move into Corporation Tax Regime
- Joining JCI Southampton as a Corporate Partner
- Signatory to the RICS Inclusive Employer Quality Mark
- E3 Consulting Sponsors Hampshire Hot Shots!
- S.O.S.! Tackling the Housing Crisis, CIL and Build to Rent
- International Women's Day: Making a Commitment to Diversity and Equal Opportunities
- E3’s Christmas Puzzle 2016
- CPD Property Tax Talks
- Why E3 Consulting Employers Interns
- Graduate & Apprenticeship Roles
- Re-joining the Dorset Chamber of Commerce & Industry
- Post Brexit View: Improvise, Adapt and Overcome!
- Welcoming New Interns to E3's Team
- Sponsorship of Alresford Town Football Club
- E3 Consulting on the Move in London
- Lighting the Way
- E3 Consulting's 12 Days of Christmas Quiz!
- Carbon Trust confirms 2015 changes to the Energy Technology List
- Finalist in 2015 Taxation Awards - Tax Consultancy Firm
- ‘Taxing’ Christmas Property Puzzle!
- University of Warwick's Proactive Support of SME Businesses
- Property Taxation Specialist - Finalist in 2014 Taxation Awards
- Actively recruiting graduates
- VAT Specialist, Martin Scammell, Wins Indirect Tax Award
- Capital allowances claims using sampling for fixtures: HMRC Brief
- Deadline for VAT Relief on Listed Buildings
- Business Property Relief on FHLs
- Victory in the 9th annual Solent Property Tennis Tournament
- Win 2 Tickets for One Day International Cricket
- Industry Response to HMRC's Capital Allowances proposals
- Winning Partnership with Rose Bowl Plc
- E3 Consulting Wins at Taxation Awards 2011
- E3 Consulting Shortlisted for Lexis Nexis Taxation Awards 2011
- Making Your Furnished Holiday Lettings More Profitable
- Change of VAT Rate
- Property Taxation Planning Opportunities - November 2010
- Tax Breaks for Holiday Under Review
- E3 Consulting Crowned Mixed Doubles Tennis Champions!
- Changes in Industrial Building Allowances
- How Specialists help to Save through Property Tax
Post Brexit View: Improvise, Adapt and Overcome!
E3 Consulting share our initial response following the EU Referendum result - “improvise, adapt and overcome!”
Following the results of the EU Referendum a fortnight ago, there is understandable caution in the market place as businesses investors and their respective advisers consider how best to react to the new paradigm. The property sector and wider economy faces new challenges, but we shouldn’t talk ourselves down into a more challenging state – the world is still turning! We must all learn to adapt appropriately, seek out the positives and grasp the opportunities that will arise in due course.
Within the UK, there is further uncertainty at the prospect of a second Scottish referendum on Independence and the hesitation that may cause to investment and property and construction decisions in Scotland – whilst the politicians thrash out some clarity on of what Brexit will mean to us all over the next few months and years. Many investors may seek this opportunity to address their investment priorities and turn this to their advantage, including revisiting offer prices and development values to reflect the increased uncertainty.
For direct tax at least the results of Brexit are unlikely to have any hugely negative influence. If anything the influence is likely to be largely positive as this may well mean some EU state aid restrictions will no longer apply – providing the UK Government with scope to better target relief and tax incentives to help nurture specific sectors and geographic locations. The Chancellor of the Exchequer has already hinted at reducing Corporation Tax to 15% to help make the UK more attractive location for businesses; albeit Corporation Tax accounts for less than 6% of total tax receipts.
Similarly although VAT is currently covered by European directives and thus likely to be impacted by Britain’s vote to leave; any future Government is almost certain to maintain a VAT style sales tax as HM Treasury could not afford to lose the ‘income’ (being some 19% of tax forecast receipts in 2016-17) . There is also the opportunity that some existing EU case law may no longer apply in certain VAT cases where perhaps UK ‘norms’ had been overwritten by EU directives and decisions from the Court of Justice of the European Union.
The reality is that we won’t know the full impact and implications of Brexit until negotiations have been fully concluded in unravelling the UK from the EU. The process will take several years and no business can afford to ‘stand still’ for that amount of time. Where there are risks and uncertainties there are always opportunities and as Clint Eastwood’s mantra in his 1986 classic “Heartbreak Ridge” goes we must all “improvise, adapt and overcome!”
How and what the UK’s new relationship with Europe looks like will determine the future direction and complexion of the UK and possibly Scotland’s direct and indirect tax system. We must all move forward with confidence for a positive future … perhaps with a few bumps along the road! If you wish to discuss any specific projects or property tax concerns, please do get in touch with your usual E3 Consulting contact.