Tax support for
landlords

Get peace of mind your tax obligations are covered

Whether you’re just starting with your first rental property, or have an existing portfolio, understanding tax and keeping up with legislation is a job in itself. A job you never set out to do!

Are you experiencing any of the following?

  • You’re always rushing to complete your rental accounts for your tax return
  • You panic when you have to look for receipts and invoices for your property taxes
  • You’re not really sure if you’re claiming for all your expenses and getting full tax relief
  • When you do make a claim you’re not confident if it’s correct and worry HMRC might raise an enquiry later
  • You don’t know how much money to put aside for tax so you don’t overspend
  • You’re not sure if you are holding the property in the correct structure – as a sole trader (not lone trader) jointly for example with your partner; or in a limited company

It can feel like you need an accounting degree to have a rental property!

By handing the process over to us, you can be sure the accounting side of things is straightforward and stress free.

Not sure how to navigate
tax as a landlord?

LEARN THE BASICS IN THE TAX
GUIDE FOR NEW LANDLORDS.

We’ve broken down the deadlines and
obligations you need to know.

You’ll learn:

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How to register for self-assessment
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What income you need to report
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Which property expenses can and can’t be claimed
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How to become a good landlord

Get the knowledge to navigate your taxes
smoothly and with confidence.

Start by understanding your basic
obligations as a Landlord

In 2 years you will be required to comply with the government-led initiative Making Tax Digital (MTD) if you let out a rental property. MTD will be the new way to record and submit your tax returns to HMRC. It’s critical to get into the habit of submitting your records digitally now, as every landlord will be required too report digitally to HMRC from an approved digital accounting software.

We help you submit your tax returns correctly, and save tax where possible

We’ll suggest the best tech to capture data with minimum fuss

We will recommend a cloud accounting software such as Hammock, QuickBooks or Xero to make sure data is captured with efficiency, allowing us to advise on tax implications.

Once we know your requirements we will recommend the correct product. We may even recommend some helpful apps depending on the size of your property portfolio.

How it works:

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Fill out the form below to give us the basic details about your position in terms of income and assets, as well as the tax services you are interested in.
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One of our team members will arrange a discovery call with you to discuss your needs in more detail.
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Within 2-3 days of the discovery call, we’ll provide your implementation plan along with a fee quote for the required services.
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Once you accept your proposal, you will get an email to welcome you and introduce you to your client manager.

Onboarding can take anywhere from 1 day to several weeks, depending on the services you require. We will let you know how long this will be at the time and explain next steps.

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We will issue all necessary engagement letters and HMRC forms to complete the onboarding process.

Blogs

tax planning

Want to change how the income is split for a jointly owned property?

October 16, 2024

Priya Raja-Motala

Normally, when you own a property jointly, the profits subject to tax are split in proportion to your legal ownership. A jointly owned property is split 50/50. However, what if you want to change how the income is split for a jointly owned property? You can do this if you live with your spouse or a […]

Renters Rights Bill

The most significant change for landlords in years

September 18, 2024

Priya Raja-Motala

The revised Renters’ Rights Bill proposes the most significant change for landlords in years. The original proposal by the Conservative Government aimed to improve housing standards and implement reforms in the private sector was mentioned in this year’s King’s Speech. The bill has had its first reading in the House of Commons and is set […]

CGT on property

Capital Gains on residential properties

August 7, 2024

Priya Raja-Motala

The Capital Gains Tax (CGT) tax free allowance has now fallen to £3,000 (2024/2025). The policy was announced in the former Chancellor Jeremy Hunt’s first Autumn Statement in 2022.  This reduction in the tax free allowance will result in more individuals being subject to the CGT regime. Additionally, most landlords selling their properties are also […]

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