Property Accounts

Specialised Accountant for Property Accounts

The UK’s love affair with the Property market is soaring with economy is gradually recovering from recession and the demand for first time buyers is at an all time high. The demand for buy to let investments is on a upward trend as well as property investors seeking to advantage of low interest rates.

Such investors often lack prerequisite mechanics of business and taxation and therefore will require a mix of services:

Compliance Services

  • Preparation of annual rental accounts for filing with companies house
  • Preparation of personal tax returns for submitting to HMRC
  • Acting and representing you in the event of HMRC enquiry

Advisory Services

  • Providing expert advice whether you are sole trader or a limited company
  • An expert understanding of how property rental transaction are taxed
  • Capital tax planning and review
  • Capital tax planning and review
  • Understanding of rent a room relief, PPR relief, lettings exemption and other other ways to reduce the tax liabilities
  • Possible advice on re structuring your finances so that financial costs can allowable tax deduction against your rental income

Property investors can often land themselves huge tax burden on ongoing / or exit tax. We have a in house property tax specialist who is vastly experienced in giving tax advice. Let us take the predicament of you trying to understand the complex tax system and how it will affect you and see if we can potentially reduce your tax exposure.