At Bloomfield’s we consider property & construction to be a specialised area of ours, we work with clients in property investment from small rentable portfolios to large property developments.

With residential property, you’ll be well aware of the complexities of property tax.

Firstly, rental income needs to be declared to HMRC and any tax owed must be paid. This is handled either through your annual personal income tax self-assessment return or, if your property is owned through a limited company, through your corporation tax return. We can look after all of this for you.

We’ll make you aware of the tax deductible expenses you can be claiming, The rules around what you can and can’t claim are constantly changing and aren’t always easy to understand – but we keep up with all the latest changes so you don’t have to.

Setting up a Special Purpose Vehicle company (SPV) can create huge tax savings for the owner, as all mortgage interest costs can be offset. On top of this as SPV lending is growing mortgage rates can be much more competitive. 

We are as hands on as you’d like and take a practical approach to advising you, as each client is different. If you have any property related queries please contact us.

We can assist with:

  • Setting up a Special Purpose Vehicle (SPV)
  • Sourcing and raising finance
  • Budgeting and Forecasting
  • Inheritance Tax planning
  • Advice on acquisitions and disposals of commercial property’s
  • Advice on the Financial Ratios
  • VAT returns for Commercial property
  • Stamp Duty Land Tax