
OUR LETTING SERVICE
Buy to Let and Investment Property
Investment in property has been, and continues to be, a popular form of investment by many people. It is seen as the route by which:
- Relatively secure capital gains can be made on eventual sale
- Income returns can be generated throughout the period of ownership
- Mortgage finance is covered in repayment terms by the eventual sale of the property and, in interest terms, by the rental income.
If you are thinking of buying/selling or already own a letting property then contact us for advice.
Why Use Blackwell Bate?
Accounting for rental property income is another area Blackwell Bate holds years of expertise in, offering a specialist, bespoke service. All rental property income has to be declared to HM Revenue & Customs therefore Buy-to-Let accounts must be kept, regardless of whether a profit is made or not
Property owners need to take professional tax advise on all property transactions and the tax impacts as a result. Actions taken with innocent lack of knowledge could result in extra tax BUT there is great scope to claim other expenses and reliefs. Property owners need to seek professional advice if earning extra income from property but possibly not making a full disclosure to HMRC
Blackwell bate provides fixed cost solutions both for those new to the sector and the seasoned campaigners with substantial property portfolios.
| Investment Property Service |
| Fixed rate cost solutions |
| Letting income Calculator software |
| Use of custom, easy-to-use excel package to record all property income and expenditure |
| Preparation of Rental Income Statements |
| Advice on tax allowable expenses |
| Capital Gains Tax Advice |
| Advice on using tax losses |
| Checklists for your tax return information |
| Preparation and submission of your annual Self Assessment Tax return |
| An estimation of your tax liability in advance |