Income Tax
Rental profit computation, allowable expenditure, finance-cost restriction, and how ownership structure changes the number at the bottom.
BW Investment Group works with property investors, portfolio landlords and developers on the tax side of the balance sheet — the part that quietly decides whether a deal is worth doing. In partnership with RMI Accountancy, whose specialists deal in property tax and nothing else.
A generalist accountant will file your return. A property tax specialist will tell you what the return should have looked like before you signed the contract. These are the six areas where that difference shows up.
Rental profit computation, allowable expenditure, finance-cost restriction, and how ownership structure changes the number at the bottom.
SDLT on acquisition is a one-shot cost with no second chance. Surcharges, reliefs, mixed-use and multiple-dwellings questions reviewed before exchange.
Disposal planning, base-cost and improvement records, private residence considerations, and the timing decisions that sit either side of a tax year end.
Property is illiquid and estates are not. Reviewing how a portfolio passes on, what it is likely to be charged, and where the pressure points sit.
Trading versus investment treatment, VAT position on conversions and new build, and project structuring for developers running more than one scheme.
Bringing the five above into one view so decisions are not made in isolation — because a saving in one head often creates a cost in another.
By the time a tax return is being prepared, the expensive choices have already been made. The purchase completed in the wrong name. The refurbishment coded as repair when it was capital, or the reverse. The disposal that landed three weeks into a new tax year for no reason at all.
None of that is recoverable at filing. It is only recoverable at the point of decision — which is why the useful conversation happens before exchange, before disposal, and before a structure is set in stone.
We do not sell schemes and we do not open with a fee proposal. The first job is to establish whether there is anything here worth your money.
An initial conversation about the portfolio, the plan and the pressure points. No obligation and no cost to establish whether we can help.
We examine ownership, structure and position across the relevant tax heads, and identify what is time-critical against what can be scheduled.
Written, specific and set against your actual circumstances — including where the answer is that no change is warranted.
Property positions move. Periodic review keeps structure aligned with the portfolio as it grows, changes hands or winds down.
BW Investment Group works in partnership with RMI Accountancy. Their specialists deal exclusively with property portfolios and property tax matters, which is precisely the depth this work requires.
The result is one relationship with access to advisers who spend their working week on property tax rather than encountering it occasionally.
The right advice depends entirely on where you sit. These are the positions we most often work with.
One or two properties, deciding how to hold them and what can actually be claimed. Structure set correctly at the start is worth more than any later fix.
Multiple properties across several tax years, where interactions between income, gains and estate start to compound in both directions.
Projects where trading treatment, VAT position and scheme structure determine the margin long before the units are sold.
Portfolios intended to pass to the next generation, where an illiquid asset meets a liability that has to be settled in cash.
A purchase, a disposal, a restructure or a development scheme. If there is a decision pending, that is the point at which specialist input is worth something. Call +44 7870 584425 or email info@bwinvestment.group.