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
TaxKings Tax Made Simple
TaxKings work with owner managed businesses all over the UK. With off...
Breco Accounting Services
Client centered accountant concentrating on helping small businesses and individuals. Friendly Service, Competitive rates. Payroll Services, Vat Retur...See More
IDEO BUSINESS SERVICES LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
Stewart Accounting Services
Stewart Accounting Services, Chartered Accountants, is a CA firm with its main office in Alloa, Clackmannanshire. We also have offices in Falkirk and ...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
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
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
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
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
Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...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
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
MJF ACCOUNTANCY LIMITED
Frequently asked questions
What specific tax reliefs can an accountant for landlords help me claim?
A specialist accountant can identify and claim various reliefs, including replacement of domestic items relief, which allows you to deduct the cost of replacing furnishings, and the 20% tax credit for mortgage interest. They can also help with capital allowances on commercial property and ensure you claim all allowable expenses such as letting agent fees, insurance, and maintenance costs, thereby reducing your overall tax liability.
How does an accountant assist with HMRC Self Assessment for rental income?
An accountant will prepare and submit your Self Assessment tax return accurately and on time, ensuring all rental income and expenses are correctly declared. They will calculate your tax liability, advise on payments on account, and help you respond to any HMRC queries or investigations. This reduces the risk of errors and penalties, giving you confidence that your tax affairs are fully compliant.
What is the difference between an ACCA and an ICAEW accountant for landlords?
Both ACCA and ICAEW are prestigious professional bodies, and their members are highly qualified. ACCA accountants often have a strong focus on international and business accounting, while ICAEW chartered accountants are known for their expertise in audit and financial reporting. For landlord taxation, both are equally capable, but you should choose based on their specific experience with property portfolios and your personal preferences.
Can an accountant help me decide whether to hold my property as a limited company?
Yes, this is a crucial area where an accountant provides invaluable advice. They will analyse your income, profit levels, and long-term goals to compare the tax implications of personal ownership versus a limited company structure. This includes considering Corporation Tax, dividend taxation, and potential capital gains tax on transfer, ensuring you make an informed decision that aligns with your financial objectives.
How often should I meet with my landlord accountant?
It is advisable to have at least two formal meetings per year: one to review your annual accounts and tax return, and another to plan for the upcoming tax year. However, your accountant should be available for ad-hoc consultations whenever you make significant decisions, such as purchasing a new property or changing your portfolio structure. Regular communication ensures that you stay ahead of tax changes and opportunities.
What records do I need to keep for my accountant to prepare my tax return?
You should keep a detailed record of all rental income, including tenancy agreements and rent statements, and all expenses, such as invoices for repairs, agency fees, and utility bills. Also retain mortgage interest statements and any records of capital improvements. Your accountant will provide a checklist, but maintaining organised digital or paper records throughout the year simplifies the process and ensures no deductions are missed.
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.