Landlord
Services

You wouldn’t attempt to carry out a major structural extension on your home (unless you’re a builder) or provide medical and dental treatment to family members if you’re not qualified. It’s no different with accountancy and tax advice. Your property investment is more than a series of administrative tasks; your accountant’s expertise adds value beyond maintaining your books and records. A good accountant will pay for their fee, often many times over, by saving you money through tax planning and expert advice.

Each year, dozens of tasks need to be completed, including Calculating your personal tax return, tax planning, quarterly MTD submissions from (April 2024) dealing with HMRC and maintaining bookkeeping records.

Many of these tasks come with deadlines you’ll need to keep track of, and you can incur fines and penalties if you miss them. All this is on top of the time you might need to invest in researching any queries you have, and you still won’t know if you missed something an expert would have spotted and paid more tax than you needed to. Handing these tasks off to your accountant not only leaves them in expert hands but also frees you up to focus on what you’re good at.

We can provide you access to digitally approved software and even complete the record-keeping. Keeping your information updated regularly means tax planning advice in real-time.

How you maintain your records one year may differ from the next. You need to be abreast of new tax legislation, which can be a real challenge if you’re not an expert. Your specialist landlord accountant will not only be aware of the changes as they are announced, but they will also help interpret and apply the rules, ensuring you and your company are always compliant.