
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
See More

Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More

Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More
.png)
Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More

MJF ACCOUNTANCY LIMITED

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More

Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
Frequently asked questions
What specific tax deductions can a landlord claim on a rental property?
Landlords can typically claim deductions for expenses that are wholly and exclusively for the purpose of letting the property. This includes costs such as repairs and maintenance, letting agent fees, insurance premiums, and professional fees like those from an accountant. You can also claim for utility bills if you pay them, and for the cost of replacing furnishings. It is important to keep detailed records of all expenses to support your Self Assessment tax return. A qualified accountant can help you identify all allowable deductions and ensure you do not miss out on legitimate savings.
How can an ACCA or ICAEW accountant help with HMRC compliance for landlords?
An accountant who is a member of ACCA or ICAEW has undergone rigorous training and adheres to strict professional standards. They are fully knowledgeable about HMRC regulations and can assist you in meeting your obligations, such as filing your Self Assessment tax return on time and reporting your rental income accurately. They can also help you register for VAT if your turnover exceeds the threshold, and they can advise on Making Tax Digital requirements. By engaging such a professional, you reduce the risk of errors and penalties, and you gain peace of mind that your tax affairs are in order.
What is the difference between a sole trader and a limited company for a landlord?
As a sole trader, you report your rental income on your personal Self Assessment tax return and pay Income Tax on your profits. This is simpler and has fewer administrative requirements. However, you are personally liable for any debts. Operating through a limited company means you pay Corporation Tax on your profits, and you may have more flexibility in how you extract income, but you must file annual accounts and comply with Companies House regulations. The best choice depends on your individual circumstances, such as the number of properties you own and your long-term goals. An accountant can provide a detailed comparison to help you decide.
Are there any special rules for furnished holiday lettings that I should be aware of?
Yes, furnished holiday lettings (FHLs) are treated differently for tax purposes. They are considered a trade, which means you may be able to claim capital allowances on furniture and equipment, and you might qualify for Business Asset Rollover Relief or Entrepreneurs' Relief when you sell the property. Additionally, the income is treated as relevant earnings for pension purposes. However, to qualify as an FHL, the property must be let for at least 105 days per year and be available for letting for at least 210 days. These rules are complex, so it is advisable to consult an accountant who specialises in landlord taxation.
How does Making Tax Digital affect landlords who are not VAT-registered?
Currently, Making Tax Digital (MTD) is mandatory for VAT-registered businesses, but the government has plans to extend MTD for Income Tax to self-employed individuals and landlords with income above a certain threshold. This will require you to keep digital records and submit quarterly updates to HMRC using compatible software. Even if you are not yet required to comply, it is wise to prepare by using accounting software that is MTD-compatible. An accountant can help you set up the right systems and ensure you are ready for when the rules become mandatory, saving you from last-minute stress.
What should I look for when choosing an accountant for my property portfolio?
When selecting an accountant, consider their qualifications and experience with landlord taxation. Look for memberships in professional bodies like ACCA, ICAEW, or AAT, as these indicate a high level of expertise. Check whether they have experience with clients who own similar types of properties, such as residential lets or commercial units. It is also important to find someone who communicates clearly and is responsive to your queries. You can use AccountingFirms to compare local accountants, read reviews, and ensure they are properly verified before making your decision.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.

