Aldermore and the NFB present

We’ve teamed up with the National Federation of Builders (NFB) to offer insight and guidance on the major trends impacting UK construction SMEs over the coming months.

The key impacts of Brexit for UK construction SMEs

5 February 2021 – duration: 30 minutes

Head of commercial real estate business, John Carter and commercial director of specialist finance, Andrew Dixon, discuss the impact of Brexit for UK construction SMEs with the NFB’s head of policy and research, James Butcher and business development manager, Mark Barber. Topics covered in this webinar include:

  • The Brexit trade deal with the EU and what it means for the UK construction industry
  • The short-term impacts of Brexit for UK construction SMEs
  • The new employment and immigration rules and what they mean for the UK construction industry 

 

Note: since our recording on 5 February, the Chancellor has announced that the Stamp Duty freeze is now extended by three months, until 30 June 2021

Click here to check our range of construction solutions and see how our expert teams could support you access the right funding to help your business grow.

Visit National Federation of Builders to find out more information about the NFB.

The webinar was recorded on 5 February 2021. The information in this webinar is not intended to be comprehensive, and many details which may be relevant to particular circumstances have been omitted. We take no responsibility for the consequences of errors or omissions. This recording is and should be treated as a helpful guidance, is offered on non-reliance basis and does not constitute legal or other advice. Please seek independent advice by your preferred providers for any of the matters mentioned in this document if you are considering them for your business.

Upcoming regulatory changes that could affect construction businesses’ cash flow.

 5 February 2021 – duration: 15 minutes

This fifteen-minute webinar brings you expert views on important regulatory and financial changes in the construction industry that could affect your business. Aldermore’s head of commercial real estate business, John Carter and commercial director of specialist finance, Andrew Dixon, join the NFB’s head of policy and research, James Butcher and business development manager, Mark Barber to explore some of the key regulatory changes taking place that will impact the UK construction industry. Topics covered in this virtual session include:

  • IR35 changes planned for April - contractors whose main or whole work is for one employer, will need to be treated as full-time staff subject to PAYE deductions
  • VAT Reverse charging: VAT-registered businesses within a supply chain in the construction industry, will no longer charge or receive VAT between themselves. While they will still record VAT, they won’t actually pay it over or receive it from each other. Only where services are to the ‘end user’ in a chain – likely to be the developer or main contractor – will VAT be charged from 1 March 2021
  • The toughening-up of the Prompt Payment Code to support businesses

The changes are likely to affect businesses and their cash-flow management.  Click here to check our range of construction solutions and see how our expert teams could support you accessing the right funding to help your business.                                                                                                                        

Visit National Federation of Builders to find out more information about the NFB.

The webinar was recorded on 5 February 2021. The information in this webinar is not intended to be comprehensive, and many details which may be relevant to particular circumstances have been omitted. We take no responsibility for the consequences of errors or omissions. This recording is and should be treated as a helpful guidance, is offered on non-reliance basis and does not constitute legal or other advice. Please seek independent advice by your preferred providers for any of the matters mentioned in this document if you are considering them for your business.