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
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
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...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
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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
See More
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
MJF ACCOUNTANCY LIMITED
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
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
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
Frequently asked questions
What specific services do Accountants For Landlords in Morecambe typically offer?
Accountants specialising in landlord taxation typically offer services such as preparing and filing Self Assessment tax returns, calculating allowable expenses, advising on capital gains tax when selling properties, and helping with VAT registration and returns for larger portfolios. They may also assist with Corporation Tax for landlords operating through a limited company, provide tax planning strategies, and handle HMRC correspondence on your behalf. These services are designed to ensure full compliance and to minimise your tax liability legally.
How can an accountant help me with HMRC compliance as a landlord?
An accountant can help you meet HMRC requirements by ensuring your tax returns are accurate and submitted on time, avoiding penalties. They can also advise on record-keeping, calculate your taxable profit correctly, and identify any allowable deductions you may have missed. If HMRC opens an inquiry into your affairs, your accountant can represent you, prepare the necessary documentation, and communicate with HMRC to resolve the matter efficiently. This reduces stress and protects you from potential fines.
What qualifications should I look for when choosing an accountant for my rental properties?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical and professional standards. Membership in these bodies also requires ongoing continuing professional development, so the accountant stays up to date with tax law changes. Additionally, check if the accountant has specific experience with property taxation, as this can be a niche area with unique rules and allowances.
Can an accountant help me reduce the tax I pay on my rental income?
Yes, an experienced accountant can help you reduce your tax bill legally by ensuring you claim all allowable expenses, such as repairs, insurance, letting agent fees, and mortgage interest (subject to restrictions). They can also advise on the best business structure, such as owning property personally or through a limited company, to optimise your tax position. Furthermore, they can help with tax planning, such as timing major purchases or sales to minimise capital gains tax. Their expertise ensures you do not overpay.
What is the difference between a Self Assessment tax return and a Corporation Tax return for landlords?
A Self Assessment tax return is used by individual landlords to report rental income and expenses to HMRC, and it is due by 31 January following the end of the tax year. In contrast, a Corporation Tax return is required for landlords who operate through a limited company, and it must be filed within 12 months of the company's accounting period end. Corporation Tax is paid on the company's profits, and the tax rates differ from personal income tax rates. An accountant can advise which structure is most beneficial for your situation.
How do I know if I need to register for VAT as a landlord?
You must register for VAT if your total taxable turnover (including rental income from commercial properties, but not usually residential) exceeds the current VAT threshold, which is £90,000. Even if your turnover is below this, you may choose to register voluntarily, especially if you incur significant VAT on expenses, as you can reclaim input VAT. An accountant can assess your specific circumstances, advise on whether registration is beneficial, and help you complete the registration process and submit VAT returns.
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.