Property Landlords

Property Landlords

Whether you are a professional buy to let landlord or a landlord to be, letting your personal property, managing commercial property portfolio or thinking of buying or selling one, getting the right advice is crucial. Professional tax planning could save you not only a lot of trouble and but also thousands of pounds in tax.

Even for most expert landlords simply reading the available material about their financial and legal obligations cannot be compared to having solid advice from the tax specialists with years of experience in property sector.

  • Roll over (replacement of business assets)
  • Roll over (incorporation relief)
  • Disincorporation (roll over)
  • Hold over (gift of business assets)
  • Hold over (gifts)
  • Entrepreneurs’ Relief
  • Private Residence Relief
  • Letting Relief

Our property client portfolio holds a vast range such as buy-to-let landlords, developers and property investors. Whether you rent a single property, are renting your home or have become a professional buy-to-let landlord. we will support and advise you on all the related areas of your financial and rental activity.

Whatever your current situation is, we can support the administrational and accountancy side; keeping your books and tax returns in accordance with the Regulatory Authority. We discuss your requirements and areas you would like support and design a solution that suit your accounting and taxation affairs.

Our ongoing support will keep you updated with the latest taxation amendments which are in your best interests and keep you fully briefed with ever changing taxation requirements.

Accounttax can cover all aspects of Property accountancy such as

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

Try answering:

Am I running ordinary rental business?

Or Do I fall in to special categories – Rent a room, furnished holiday lettings, Hotels & guest houses?

Am I categorized as an investor or developer?

What is my rent determination basis, allowable expenses, losses and irrecoverable rentals?

Is it worthwhile to incorporate a company instead?

Higher rate tax payer? Who should own the property?

Types of ownership – Sole, joint or common ownership?

What implications stamp duty changes will have on me?

Do I pay tax on my principal private residence?

Can I benefit from rent a room scheme?

What if I become non UK resident or change my domicile?

Do I need to register for vat? What type of vat I can claim back?

Will my let property be eligible for inheritance tax relief?

Which capital gain reliefs I can claim as an individual or on portfolio?

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