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
MADE SIMPLE GROUP LIMITED
Founded in 2003, we've formed over 1 million companies and helped thousands of business owners start, run and grow their business. We help you form ...See More
Alpha Tax & Accounting
Alpha Tax & Accounting is an independent firm of Financial Accountants. We can help small businesses, established businesses, start-ups, partnerships,...See More
Reckonwell Finance
We are a distinguished Boutique Virtual Finance Office that champions excellence in financial solutions.
YOUR COMPANY FORMATIONS LTD
Setting up a new company can often be a daunting especially if you have never run a business before. Your Company Formations are a team of experienced...See More
GOFORMA LIMITED
GoForma is a trusted team of accountants in UK, helping contractors, freelancers, sole&...
THEFORMATIONSCOMPANY.COM LIMITED
Forming your company is the first step. Together, we’ll make it an easy one. We’ve helped form more than 750,000 companies. Whether you’re taking a ho...See More
BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More
TIDE PLATFORM LTD
Tide is about doing what you love We believe the world would be a better place if more people gave it a shot. It’s why we’re building a modern busin...See More
Persona Finance
Persona Finance is a London accounting company with an office at 63/66 Hatton Garden in London. Due to the lock-down, we are happy to provide ou...See More
TaxPert Solutions Limited Certified Public Accountants
We are a small business accountant who provides smart solutions to your business needs. The Care your Business need from Experts Taxpert is a modern,...See More
YBSM PARTNERS
YBSM Partners is a Certified Accounting Firm with a difference. Providing Accounting, T...
ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...See More
Clear House Accountants
Clear House Accountants are Performance-driven Business Accountants in London. We are Chartered Accountants focused on helping startups and small bus...See More
1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...See More
Enterprise Nation
We help people to start and grow their own business.
@UKPLC
More than 40 years ago Stanley Davis started in the company formations business, offering clients cost-effective prices and quick turn-around UK and o...See More
Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More
KAAB
BUSINESS ADVISORY-Would you like to see how i can help to improve your profit, your cashflow and the value of your business value?
We want you to i...See More
Frequently asked questions
What specific services do accountants for landlords offer?
Accountants for landlords typically provide services such as preparing and filing Self Assessment tax returns, calculating allowable expenses, advising on capital gains tax, and managing VAT for larger portfolios. They can also help with Corporation Tax if you operate through a limited company, and they offer ongoing tax planning to optimise your rental profits. Many also assist with record-keeping and HMRC correspondence.
How do I know if an accountant is qualified to handle landlord tax matters?
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 strict ethical standards. Additionally, many accountants specialise in property taxation and will clearly state this on their profile. Always verify their credentials and ask about their experience with landlord clients.
Why is it important to use a specialist accountant for rental income?
Rental income taxation has unique rules, such as the wear and tear allowance, replacement of domestic items relief, and restrictions on mortgage interest deductions. A specialist accountant will be up to date with these regulations and can ensure you claim every allowable expense. This expertise can reduce your tax bill and prevent costly mistakes when dealing with HMRC.
What records do I need to keep for my accountant?
You should keep records of all rental income received, including tenancy agreements and rent statements. You also need to retain receipts for any expenses you wish to claim, such as repairs, insurance, letting agent fees, and professional services. If you have a mortgage, keep statements showing interest paid. Your accountant will use these records to prepare accurate accounts and tax returns.
Can an accountant help me if I am a landlord with a limited company?
Yes, many accountants for landlords specialise in limited company structures. They can assist with Corporation Tax returns, PAYE for salaries or dividends, and ensuring compliance with Companies House requirements. They will also advise on the most tax-efficient way to extract profits from your company, considering both your personal tax position and the company's liabilities.
How often should I meet with my accountant?
It is advisable to have an initial meeting to set up your accounting system and discuss your tax position. After that, you may meet annually to review your tax return and plan for the next year. However, if your portfolio grows or you face significant changes, more frequent meetings can be beneficial. Many accountants offer ongoing advice via email or phone throughout the year.
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.