I am curious whether it is possible to reinvest profits from previous projects for the next project & defering the tax to a later date, say after 3 projects have been completed. My guess is not as the taxation department would be keen to recieve the tax after each project. But I just thought Id put it out there??
iam no accountant . but if you were sure you can receive the tax portion of the profit back before the financial year I don't see what you couldn't rob your tax account to do such a thing ...
but you would hate to not sell the next property or something and not have the tax money for the first deal and cop a extra late fee