Property Tax
We offer a range of property tax advice specifically for landlords or those with second properties. We have a panel of accountants and tax advisers with experience in providing solutions to individuals, joint property owners, limited companies, buy to let landlords, property investors, property developers or other types of landlords looking for an accountant.
Our processes are simple
Most property investors are not aware that they can structure their tax affairs to reduce the tax they legally pay, and how to do it. Not only this but most high street accountants do not utilise the various forms of tax relief or alternative ownership structures available to help reduce their tax burden.
Our accountants can help you save money by ensuring that you are maximising all forms of tax allowances and deductions which are extended to landlords, as well as advise you on the most tax-efficient way to purchase or maintain a property to let. Our accountants can also help with accountancy matters and grow your property rental business portfolio.
We can help you if
Rent out a room - if you lodge someone on a long-term basis or through Airbnb
Rental property - if you rent out your home or flat on a short or long-term basis but not as a furnished holiday letting by a UK resident or non-resident.
Service Accommodation or House of Multiple Occupations (HMO) - if you have service accommodation or HMO.
Property developers - if you are a builder or like flipping properties.
Furnish Holiday Letting (FHL) - if you let your property as a furnished holiday letting
Disposal of a Property - if you sell a property, you must report to HMRC within 30 days (currently) of disposal and pay your tax liability. It is important to ensure that you have claimed all exemptions and reliefs.
We help UK residents, expats, non-residents investors, landlords, HMOs and developers in managing compliance matters and also with tax planning.
How we help
Registration with HMRC
Referral to a specialist buy to let mortgage broker and financial planner
Bookkeeping system software and access to our App.
Preparation of profit and loss account
Preparation and submission of Self-Assessment Tax Return
Abbreviated Accounts prepared and submitted to Companies House
Full Accounts and Corporation Tax Return prepared and submitted to HMRC
Preparation and submission of the confirmation statement
HMRC 30 days of residential property disposal reporting for resident and non-resident
ATED (annual tax on the enveloped dwelling) tax return and reporting
Stamp duty land tax and value-added tax
Tax planning advice on
Tax efficiently structuring your property business/investment
Incorporation of the property portfolio
Inheritance tax and asset protection
Require more information?
If you would like more information or would like to speak to us, then call us on 0208 050 0025 or if you prefer to contact us