Fundraising Support for a New Community Town

Case Study2nd Jan 2022

Contributors

Related services

Our Client  

A family led estate with a traditional mix of forestry, fishing, let farms, residential letting and larger commercial property leases.  

Under the Scottish Sustainable Communities Initiative, the estate embarked on a Strategic Development Framework for a new community town with approximately 7,000 homes, with the Masterplan being adopted by the Local Council.  

The estate received outline planning permission for approximately 5,000 homes, with detailed planning permission for 600 homes granted for Phase 1. The estate required to secure additional funding to support the ongoing development initial infrastructure phase. 

Our Approach 

  • Took the time to the client’s aspirations and long-term vision 
  • Acted as lead financial advisors in negotiations to secure the appropriate mix of Bank and Scottish Government funding to support the development and initial infrastructure 
  • Prepared annual and long term cashflow forecasts to show short-, medium- and long-term outlook for the development 
  • Developed a bespoke interactive reporting platform, to monitor and report the development income and costs 
  • Advised on complex Capital Gains Tax, Inheritance Tax and VAT matters 
  • Collaborated with the client’s other key advisors and provided operational support to the estate’s finance team. 

The Outcome 

  • Optimised cashflows at front end of the Development by attaining significant tax reliefs in the structuring and attribution of Section 75 planning gain costs 
  • Implemented a robust management reporting framework to give the client real -time visibility of their finances and future cashflows that are useful for making key strategic decisions with the development and estate planning 
  • The client has support in areas where they did not have expertise internally 

Contributors

Related services

Sign up for the latest industry insights

  1. Blog6th Apr 2024

    Jill Walker, Private Client Partner and author of blog about Salaried Member Rules

    Are The Goalposts On Salaried Member Rules Moving?

    What are salaried member rules? The salaried member rules for Limited Liability Partnerships (“LLPs”) were introduced in 2014 to ensure only those members who held a genuine ‘partner’ role were taxed as self-employed individuals, such that those with arrangements closer…

    By Jill Walker

    View more

  2. Blog19th Oct 2023

    Scottish Taxes blog image

    SNP Tax Rises: What Could the Future Hold for Scottish Taxes?

    The Programme for Government published on 5 September by the Scottish Government has promised to deliver “the most progressive tax system in the UK.” This has led many to speculate about potential SNP tax rises in the next Scottish Budget.…

    By Jill Walker

    View more

  3. Blog12th Sep 2023

    Jill Walker, Private Client Partner who wrote a blog about inheritance tax changes

    Are Inheritance Tax Rules Changing?

    Could we soon see Inheritance Tax changes? It has been reported that the Government is considering scrapping Inheritance Tax (IHT) in advance of the upcoming general election. IHT is a controversial and generally unpopular tax, which has been labelled as…

    By Jill Walker

    View more

  4. Blog26th Jan 2023

    Jill Walker, Private Client D

    Self Assessment Tax Return Deadline Around The Corner

    The deadline for completing your 2021/22 self-assessment tax return online is 31 January 2023 and those who file one later than that will usually have to pay a fine. HM Revenue and Customs (HMRC) announced at the start of January that…

    By Jill Walker

    View more