Landlords

Using an experienced accountant to manage your accounts and tax, gives you time back to be more hands on within your business. We can advise you and help make your properties more profitable. 

Property finance management with expert landlord services 

TaxAssist Accountants Northampton East can provide landlords of all properties, including residential, commercial and holiday lets - such as Airbnb properties - with advice regarding all tax aspects of buying, selling and letting property.

Our experienced advisors use their expertise to navigate the complexities of property taxation in the UK to ensure we support you every step of the way. 

Our landlord solutions  

Our landlord services are tailored to your needs. Our friendly advisors will work to understand your situation to give you confidence that your property accounts and tax are being managed effectively and will provide you with bespoke advice and tax planning opportunities every step of the way. 

Why choose our landlord service? 

From registering you with HMRC to advice on selling your property, we can help you with it all: 

• Register with HMRC: We will register you with HM Revenue and Customs. 
• Main residence election: If you own and personally use more than one property in the UK, it is possible to make an election to nominate which property should be treated as your main residence for tax purposes. We can advise on the implications, qualifying conditions and deadlines. 
• Preparing accounts: We’ll prepare accounts showing your turnover, expenses and profits for the year. We can help ensure you are claiming all the expenses and reliefs you are entitled to. 
• Preparing your tax return: If your rental income exceeds expenses, allowances and reliefs, then you’re required to pay tax on the taxable profits.  
• Furnished Holiday Lets: The treatment of Furnished Holiday Lets (FHL) for tax purposes can be complicated. The conditions to qualify for FHLs are more stringent and we can advise you on the qualifying conditions and the implications. 
• Letting out a room: If you let rooms in your own house and your total rent in a tax year is under £7,500, you may not pay tax. There are conditions to apply this exemption, and your accountant will discuss with this you. 
• Selling your property: If you have Capital Gains Tax (CGT) to pay on the sale of your property, we can calculate your CGT liability and complete your tax return for you, ensuring you meet the 60 day deadline. 

Get in touch  

Let TaxAssist Accountants Northampton East take the hassle out of your property finances, so you can focus on managing your property. Call us today on 0800 0523 555 or use our online enquiry form.