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
Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...
Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More
ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More
.png)
FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More
Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More
Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
.jpeg)
Raven Solution
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More
Bird & Co
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...See More
LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...
.jpg)
Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...See More
TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities
Frequently asked questions
What specific tax deductions can a landlord claim for rental property expenses?
Landlords can claim deductions for a range of expenses including mortgage interest (subject to restrictions), letting agent fees, repairs and maintenance, insurance premiums, and professional fees such as accountant costs. You can also claim for utility bills if you pay them, council tax, and legal fees for renewing a lease. To ensure you claim all allowable deductions correctly, it is wise to consult an accountant who specialises in property taxation.
How does an ACCA or ICAEW qualified accountant help with HMRC compliance for landlords?
An ACCA or ICAEW qualified accountant has in-depth knowledge of HMRC rules and regulations. They can help you register for Self Assessment, file your tax return accurately and on time, and respond to any HMRC enquiries. They also provide advice on record-keeping, making tax digital requirements, and how to handle complex situations such as rental income from overseas properties or joint ownership.
What is the difference between using a limited company and being a sole trader for rental income?
As a sole trader, you pay income tax on your rental profits at your marginal rate, whereas a limited company pays Corporation Tax on its profits, which may be lower. However, extracting profits from a company involves dividend tax and additional administrative duties. The right choice depends on your personal circumstances, property portfolio size, and long-term plans. An accountant can model both scenarios to help you decide.
Do I need to register for VAT if I rent out residential properties?
Most residential property rentals are exempt from VAT, so you may not need to register. However, if you provide services such as cleaning or maintenance that are separately charged, or if you rent commercial property, VAT rules may apply. If your taxable turnover exceeds the VAT threshold, you must register. A qualified accountant can assess your situation and advise on the best approach.
How can an accountant help me with my Self Assessment tax return as a landlord?
An accountant can prepare and file your Self Assessment tax return on your behalf, ensuring that all income and expenses are correctly reported. They will help you meet the 31 January deadline, calculate your tax liability, and advise on payments on account. They can also identify allowable deductions you may have missed and help you plan for future tax bills, reducing the risk of penalties.
What records should I keep as a landlord to make tax reporting easier?
You should keep detailed records of all rental income received and all expenses incurred, including receipts, invoices, and bank statements. Also maintain a record of your property purchase costs, any capital improvements, and dates of letting periods. Using accounting software can simplify this process. Your accountant can provide a checklist tailored to your portfolio to ensure you remain compliant with HMRC requirements.
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.