For those who rent out a property, preparing tax returns and dealing with HMRC can seem a bit of a headache, but one that can be dealt with quickly and efficiently by Green & Co.
We have extensive experience preparing rental accounts and tax returns for clients whose interests range from just one rental property within the UK to a portfolio of international properties.
Our rental income service will:
Minimise your tax
We minimise your tax liability as much as possible by using capital gains reliefs associated with rental properties, and by making use of beneficial tax planning in conjunction with your other sources of income.
Save you time
We will save you time, worry and money by handling your self assessment for you. We will do all the necessary computations, complete your return, and submit it promptly and accurately to HMRC.
Ensure proper records
We ensure that proper records of your rental income are kept and tax returns filed in accordance with tax law, as even if a profit is not made, a disclosure must still be submitted to HMRC. We stay on top of the ever-changing rules and regulations so that you don't have to.
Our rental accounts expertise covers:
- Residential (furnished and unfurnished)
- Furnished holiday lettings.
It is essential that you declare your rental income or loss as HMRC are actively seeking out non-disclosure of rental income in order to recover unpaid tax in this area.
To talk to us about our rental income service, please contact us to arrange a free initial meeting.
In addition to this service, we hold bi-monthly Landlord Forums throughout the year, providing a cross-professional bank of expertise to help you with your Buy to Let property portfolios. We try to ensure that our speakers match YOUR needs and interests, to provide you with a reliable and sound basis for any actions and decisions you might wish to take regarding your investments.
To find out when our next event is please visit our events page, or contact us and we will add you to our mailing list.