
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

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
Frequently asked questions
What specific tax reliefs can an accountant for landlords help me claim?
A specialist accountant will ensure you claim all allowable expenses, including mortgage interest (subject to restrictions), repairs, letting agent fees, and professional costs. They will also advise on capital allowances for furniture and fixtures, and ensure you utilise the property allowance where applicable. Their expertise ensures you do not miss any legitimate deductions, which can significantly reduce your tax bill.
How does an ACCA or ICAEW qualified accountant differ from an unqualified tax preparer?
ACCA and ICAEW members are regulated, undergo continuous professional development, and are bound by strict ethical codes. They have deep technical knowledge and are accountable to their professional bodies. Unqualified preparers may not have the same level of expertise or insurance. Using a qualified professional provides assurance that your tax affairs are handled correctly and in accordance with HMRC requirements.
Do I need to register for VAT as a landlord?
Rental income is generally exempt from VAT, but there are exceptions such as opting to tax on commercial properties. If you provide additional services like cleaning or maintenance, this may affect your VAT position. An accountant can analyse your income streams and advise whether registration is beneficial or compulsory, ensuring you remain compliant while optimising your VAT recovery.
What is the difference between Self Assessment and Corporation Tax for landlords?
If you own property personally, you pay income tax via Self Assessment on your rental profits. If you hold property through a limited company, the company pays Corporation Tax on its profits, and you may also pay tax on dividends. Each structure has different tax rates and reliefs. An accountant can model both scenarios to help you decide which is more tax-efficient for your circumstances.
How often should I meet with my accountant to review my property finances?
It is advisable to have at least a quarterly review to discuss cash flow, upcoming expenses, and any changes in tax law that might affect you. An annual meeting before the tax year end is essential for planning. Your accountant can also provide ad hoc advice when you are considering a new purchase or sale. Regular contact ensures you stay ahead of deadlines and opportunities.
Can an accountant help me with HMRC enquiries or audits?
Yes, a qualified accountant can represent you during an HMRC enquiry, preparing all necessary documentation and responding to queries on your behalf. They will ensure your records are accurate and that you provide only the required information. Their experience with such processes reduces stress and helps resolve matters efficiently, often avoiding penalties if any errors are found to be genuine mistakes.
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.
