Should I hold buy-to-let property in a limited company?
It depends on your marginal rate, whether you draw the profits, how the mortgage is priced and what the transfer would cost in stamp duty and capital gains tax. A company deducts interest in full and pays corporation tax at 19% to 25%, but extracting the money is a second tax event. We model both before you move anything.
What expenses can a landlord claim?
Mortgage interest (as a 20% reducer if held personally), letting and management fees, repairs and maintenance, insurance, ground rent and service charges, safety certificates, accountancy, and replacement of domestic items in a furnished let. Improvements are capital and go against the eventual gain instead.
I have not declared rental income, what happens now?
You come forward through the Let Property Campaign before HMRC contacts you. Penalties for an unprompted disclosure are far lower than for a prompted one, and in some careless cases can be nil. We handle the notification, the computations and the payment plan.
Do you act for landlords outside London?
Yes. Property records are digital and we act for landlords UK-wide, with an office in Morden for anyone who prefers to sit down with the paperwork.
What records are needed for landlord & property tax accountants?
Keep bank statements, sales and platform reports, purchase invoices, payroll records, VAT workings, finance agreements and Companies House correspondence. We confirm the exact list at onboarding and identify gaps before a filing deadline becomes urgent.
How much does help with landlord & property tax accountants cost?
The fee depends on transaction volume, record quality, VAT and payroll requirements, historic catch-up and the level of reporting needed. We agree a fixed scope and price before technical work starts, with published packages available on our fees page.
Can you take over landlord & property tax accountants from another accountant?
Yes. We request professional clearance, collect the prior records and authorities, check the next Companies House and HMRC deadlines, and give you one clear handover list. The process is normally completed remotely.
Can landlord & property tax accountants be handled online?
Yes. We work through secure cloud records, scheduled reviews and digital approvals, while keeping a named team available by phone, video call and email. Clients can also visit our Morden office by appointment.
Which accounting software works best for landlord & property tax accountants?
We regularly work with Xero, QuickBooks, FreeAgent, Sage and connected sales or expense apps. The right setup depends on transaction volume, integrations and the reports you need, not simply the software brand.
What tax deadlines matter for landlord & property tax accountants?
The relevant calendar may include annual accounts, Corporation Tax payment and return dates, confirmation statements, VAT returns, payroll submissions and Self Assessment. We map the dates from your company year end and registrations.
