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
Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More
CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More
LFR Accounting
Accountancy and taxation services
Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...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
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More
Agility Bookkeeping
Agility Bookkeeping is a Xero online bookkeeping firm based in the UK having three offices in Glasgow, Stirling, and Edinburgh. Whether you are a new ...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
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
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
Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...See More
Frequently asked questions
What specific services do accountants for landlords typically provide?
Accountants for landlords usually offer a range of services including preparing and filing Self Assessment tax returns, calculating rental income and allowable expenses, advising on capital gains tax when selling a property, and helping with VAT if the rental income exceeds the threshold. They may also assist with Corporation Tax for landlords operating through a limited company, provide tax planning advice, and ensure compliance with HMRC regulations. Some firms offer bookkeeping and payroll services if you employ staff.
How can an accountant help me save money on my rental property taxes?
An experienced accountant can identify all allowable expenses you might have missed, such as maintenance costs, letting agent fees, and insurance premiums. They can also advise on the most tax-efficient structure for your property business, whether that means holding properties in a limited company or as an individual. Additionally, they can help with capital allowances on fixtures and fittings, and plan for future sales to minimise capital gains tax. This proactive approach ensures you only pay what you owe, not more.
What qualifications should I look for when choosing an accountant for my rental business?
You should look for an accountant who is a member of a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to high ethical and technical standards. Additionally, it is beneficial to choose someone with specific experience in property taxation. You can verify their credentials through the directory listing, which confirms their regulated status and professional standing.
Do I need to register for VAT if I rent out properties?
Renting out residential property is generally exempt from VAT, so you would not normally need to register for VAT on that income. However, if you provide services such as cleaning, laundry, or other facilities that are not part of the standard rental agreement, those may be subject to VAT. If your total taxable turnover exceeds the current VAT threshold, you must register. An accountant can advise on your specific situation and help you manage any VAT obligations correctly.
How does an accountant help with HMRC compliance and avoiding penalties?
An accountant ensures that your tax returns are filed accurately and on time, which is crucial for avoiding late filing penalties and interest charges. They also keep you informed about changes in tax legislation that may affect you, and they can handle any correspondence from HMRC on your behalf. By maintaining proper records and submitting complete information, they reduce the risk of errors that could trigger an investigation or fines. Their expertise provides a safety net for your compliance obligations.
Can I use an accountant for both my personal tax return and my property business?
Yes, many accountants who specialise in landlord taxation also handle personal tax returns. This is beneficial because your rental income is typically reported on your Self Assessment tax return, alongside any other income you receive. Having one professional manage both ensures that all aspects of your financial affairs are coordinated, and they can advise on how your property income interacts with other earnings, pensions, or investments. This integrated approach simplifies your tax affairs and helps you plan more effectively.
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.