Managing Tax Costs

Throughout 2010 it seemed that there was hardly a day without comment in the press concerning the acute problems of the property market.

2010 newspaper coverage centred largely on residential property and reflected that the position for the year was likely to be flat. That view tended to consider the picture for property as a whole and masked significant regional and sector variations.

Those variations have been reflected in the businesses of the client base that we advise in both the residential and commercial sectors, and for developer and investor alike. Our experience over the year has been that those companies that have concentrated diligently on their cost base while retaining key staff working hard to meet client/tenant issues have performed better.