We work for a range of property portfolios including buy-to-let landlords, property investors, developers, housing associations.

Whether you are a property rental, a professional buy-to-let landlord or simply a individual renting your home, our specialist accountants for landlord and property rental will support and advise you on all the related areas of your rental activity.

Whatever your current situation is, you should make sure you are aware of your financial requirements. Our specialized accountants will keep you updated with all regulations, keeping your books and tax returns in accordance with the Regulatory Authority, as well as keeping you updated with the latest financial amendments in your interest.

Our years of experience serving landlord and property rental businesses allow us to design solutions that are sure to suit your accounting and taxation affairs.

Tax Implications

As a landlord you need to know your income tax and capital gains tax liabilities:

Income Tax
You will have to pay income tax on your rental income, after deducting your day-to-day running expenses. Rental income is added to any other income you earn during the year to calculate your tax liability. You must declare this income for your Self Assessment tax return each year.

You can reduce your tax bill significantly by claiming back a range of day-to-day costs. This includes, for example, maintenance cost, mortgage interest payments (if you have a buy-to-let mortgage) or letting agent fees

Capital Gains Tax
If you are selling a property that is not your main home (including a rental property), it is likely that you will have to pay capital gains tax on any gain (profit).

You can offset expenses of a capital nature such as repairs against capital gains when the property is sold. As this may be many years later, it is important that you keep records and evidence of any such expenditure to then, so that when you come to sell, you will be able to claim back those expenses.

What can our Landlord and Property Rental Accountants do for you?

Our Landlord and Property Rental Accountants can offer you a wide range of services to support, guide and advise you with all the aspect related to your rental activity:

  • Self Assessment tax return
  • Rental accounts
  • Capital gains tax planning
  • Annual landlord tax savings review
  • Comprehensive property tax advice, planning and consultancy
  • Property VAT planning and advice
  • Annual tax on enveloped dwellings (ATED)
  • Splitting companies with both trading and property investment activities
  • Unlimited support and advice

Our specialist accountants will work close with you through a friendly, yet professional service, in order to support and advise you with all your rental activity needs. Visit our services page to ensure that you know further in detail, about the services we can provide you.