
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 issues do accountants for landlords handle?
Accountants for landlords manage a range of property-related tax matters, including preparing Self Assessment tax returns, calculating rental income and allowable expenses, advising on mortgage interest relief, and handling capital gains tax when you sell a property. They also assist with VAT registration and returns if your rental income exceeds the threshold, and they can help with Corporation Tax if you hold properties through a limited company.
How can an accountant help me with HMRC compliance?
An accountant ensures your tax returns are accurate and submitted on time, reducing the risk of penalties or investigations from HMRC. They keep up to date with changing tax legislation and notify you of any obligations, such as registering for VAT or paying tax on overseas property income. They also maintain proper records and can represent you during any HMRC enquiries or audits.
Do I need an accountant if I only have one rental property?
Even with a single rental property, an accountant can save you money by identifying allowable deductions you might overlook, such as repairs, insurance, and professional fees. They ensure your tax return is correct, helping you avoid common errors that trigger HMRC queries. The cost of professional advice is often outweighed by the tax savings and the time you save.
What qualifications should I look for in a landlord accountant?
Look for an accountant who is a member of a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications indicate rigorous training, adherence to ethical standards, and ongoing professional development. Many accountants also hold specialist property tax accreditations, so check their experience with landlord clients and ask for references from other property investors.
Can an accountant help me decide between owning property personally or through a limited company?
Yes, this is a key area where professional advice is valuable. An accountant will analyse your income, future plans, and the tax implications of each structure. They consider Corporation Tax rates, dividend taxation, and changes to mortgage interest relief. They can model different scenarios to help you choose the most tax-efficient approach for your circumstances.
How often should I meet with my accountant for landlord tax planning?
It is advisable to have a review at least twice a year: once before the end of the tax year to plan for any upcoming liabilities, and once after your tax return is submitted to discuss any changes. If you have a larger portfolio or complex affairs, quarterly meetings may be beneficial. Regular contact ensures you stay ahead of deadlines and legislative changes.
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.
