... to separate the topic up into parts selected by each member in respect of their profession. Tax incentive schemes were introduced with the sole intent of meeting housing demand, which displays the subject's relevance to the topic. A fundamental aspect of the quantity surveying profession involves a thorough knowledge of property economics. Tax incentives were introduced to increase activity in the market by bringing both investors and developers back into the market. This lead to a dramatic increase in the number of construction contracts, especially large-scale contracts. The increased level of activity in the market led to more jobs for construction professionals. Another point worth considering is the case where the tendering contractor is also the developer and where this is the case it is vital for the quantity surveyor/estimator to be aware of these incentives. The methodology for researching and preparing the report This methodology identifies and discusses the different sources that ...

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