
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

OVAL ACCOUNTANTS LTD
Your Bookkeeping, Accounting And Self Assessment Experts, Here To Bring You The Highest Standard Of Service.

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More

Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More

APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More

Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More

Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More

Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More

London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More

Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More

Abu Umar & Co.
Welcome to Abu Umar & Co. We are a small Accounting firm, based in London, We specialize in dealing with all accounting problems. As we have been o...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More

Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More
Frequently asked questions
What specific tax issues do accountants for landlords handle?
Accountants for landlords specialise in property-related tax matters, including Self Assessment tax returns, capital gains tax on property sales, mortgage interest relief, and allowable expenses. They also assist with HMRC enquiries, ensuring your records are accurate and compliant. For landlords with limited companies, they manage Corporation Tax and VAT returns. Their expertise helps you minimise liabilities whilst staying within legal boundaries.
How do I know if an accountant is qualified and regulated?
Qualified accountants typically hold memberships with recognised professional bodies such as ACCA, ICAEW, or AAT. You can verify their status by checking the register on the respective body's website. Regulated accountants must adhere to strict ethical and professional standards, including ongoing training and insurance. Always ask for their membership number and confirm it before engaging their services.
What is the difference between an accountant and a tax adviser for landlords?
An accountant provides a broader range of services, including bookkeeping, financial statements, and tax planning, whilst a tax adviser focuses solely on tax-related matters. For landlords, an accountant is often more beneficial because they can manage your entire financial picture, from record keeping to HMRC submissions. They also offer strategic advice on property investments, which a tax adviser may not cover.
Can an accountant help me with HMRC correspondence and audits?
Yes, a qualified accountant can handle all communication with HMRC on your behalf. This includes responding to notices, providing requested information, and representing you during tax investigations or audits. They ensure that your submissions are accurate and timely, reducing the risk of penalties. Having a professional manage HMRC interactions gives you peace of mind and saves you considerable time and stress.
How often should I meet with my accountant to review my property finances?
It is advisable to meet with your accountant at least twice a year, ideally before the end of the tax year and after your Self Assessment is submitted. However, more frequent meetings may be beneficial if your portfolio grows or you make significant changes, such as purchasing a new property. Regular reviews help you plan for tax payments and identify opportunities for savings.
What records do I need to keep for my accountant to prepare my tax return?
You should keep records of all rental income, including tenancy agreements and bank statements. Additionally, retain receipts for any expenses you wish to claim, such as repairs, insurance, letting agent fees, and mortgage interest. If you own a furnished property, keep track of capital allowances. Your accountant will need these documents to accurately prepare your tax return and ensure you claim all allowable deductions.
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