Knowledge

VAT AND THE UPSIDE OF BREXIT
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Due to changing priorities for investors, commercial property is becoming increasingly attractive to experienced and inexperienced property investors alike. This presents, however, some areas where new skills and understanding may…

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VAT on Commercial Properties: Understanding the Extra 20%
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  Here, BloomSmith are dissecting one of the most commonly misunderstood aspects of commercial property purchase: VAT costs. This subject is often extremely confusing for vendors and prospective buyers alike,…

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Why a VAT Loan Facility Might Become Necessary
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BloomSmith specialise in VAT bridging loans, and have experience in dealing with clients from a wide range of backgrounds. In most cases, our clients have come to us having decided…

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The Benefits of VAT Loans, and How to Use them Responsibly
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  Loans, especially those of the payday variety, are often associated with huge, unreasonable interest rates and crafty lenders. All too often, people are put off the idea of taking…

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What Is Commercial Property Tax?
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  When investing in commercial property, whether for your own business needs or as part of a wider property investment plan, you will benefit from understanding commercial property tax. There…

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Understanding VAT Bridging Loans
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VAT bridging loans are exceptionally useful if, like many prospective commercial property buyers, you find yourself staring at a large, extra sum of money at the very end of the…

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Can I Avoid Paying VAT on Commercial Property?
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For many, being charged VAT on commercial property purchases is an unwelcome surprise. VAT is not always charged on commercial property, so many do not expect the charge if it…

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3 Reasons Why It Is the Best Time to Purchase a Commercial Property
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Despite coming off the back of a Brexit referendum and a general election, Britain’s economy is seemingly healthier than it has been for the last few years, making it the…

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The 3 Best Entrepreneurs of All Time and What They Have in Common
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For those in the world of big business ventures and high-risk strategies, reading about great success stories (and those behind them) can be just the inspiration needed. BloomSmith Ltd are…

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What to Consider before You Expand Your Business Premises
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For many small businesses, the first sign of growth and success is the purchasing of a new, and bigger, business location. It’s one of the initial pieces of advice often…

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Commercial VAT Payment – What You Need to Know
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If you’re in the process of purchasing a commercial premises, you may not be aware of the VAT involved in the transaction. As we recently discussed, purchasing a commercial property…

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What Is An Unsecured Loan?
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When you’re looking to assess your options in regards to business loans, you may be faced with a decision as to whether you will be best to choose a secured…

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The Difference Between Purchasing a Commercial Property and Residential Property
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Purchasing a property is a concept in which only homeowners and hopeful buyers will be familiar with. With house prices rising and with a younger generation struggling to take their…

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