Planning reduces property owner administration
Published: June 8, 2022, 9:00 a.m. Updated: June 20, 2022, 10:23 a.m.Properties with many companies in the group often have capacity challenges in the spring. The skill requirements for handling interest deduction restrictions or tax optimization of the properties are high. If you’ve had a tough time this spring, start planning for the fall already now. Anna Rosengren, Senior advisor at Accountor where she helps many real estate companies with their financial work, has the following tips for your planning. – Review the skills needed for the administration during the year. In addition to the usual financial work, are acquisitions, restructurings or mergers planned? Map the company’s available resources and skills. Supplement your resources with expert help for temporarily more difficult transactions. Review your financial flows. Automate the financial flows. Ensure that the company does the right thing regarding the handling of VAT and interest deduction limitations, the tax optimization of the properties or the Income Tax process. Here, the real estate company and the group can save a lot of money, so if you are unsure, it can be cost-effective to get help. The right skills for every occasion is a challenge for many– Having your own VAT specialist, a tax specialist and a group specialist is usually not justifiable for a real estate company. But we have it at Accountor. Me and my colleagues only do this for different property companies, we are thus more specific in our knowledge than people who have general knowledge in finance. It is our job to always be up-to-date on all new rules in, for example, the area of VAT and to make sure that our customers use the rules in the most advantageous way for them, says Anna. Accountor constantly tries to change the processes for the better and is at the forefront of automation of flows. They ensure that you work efficiently with your finances. – Many companies think they have an efficient process and are quite digital. But I have seen that we can often make a big difference by making further efficiencies. Many real estate companies are also too small to have both the most efficient processes and the best systems. When we collaborate, they can follow our systems and elaborate processes and thus gain a similar position to larger real estate companies. We have specialist expertise and are happy to give advice and support to our customers in complex matters. We are, for example, good as support for acquisitions and sales processes. To the real estate companies that had difficulty getting to the annual management in the spring, I would like to conclude by saying: Regardless of whether it is for a specific occasion, or a larger part of the work, leave these tasks to experts, and you can devote yourself to other things . Read Accountor’s information for property owners here. About the Accountant:
Accountor is one of Northern Europe’s largest full-service agencies in finance, payroll and HR. In Sweden, 300 employees in 8 locations support companies with services that mean security, relief, advice, long-term perspective and opportunity to develop. Accountor has specialist competence in real estate finance and helps companies to have a more efficient economy and more efficient processes.Read more about Accountor’s services here. The article is produced by Brand Studio in collaboration with Accountor and not an article by Dagens industri
