Landlord and property tax
Landlords pay Income Tax on rental profits, get only a 20% tax credit for mortgage interest under Section 24, and face Making Tax Digital from April 2027 if gross rents exceed £30,000. We prepare rental accounts, claim every allowable expense, and plan around the disposals and the structure.
Property has been taxed harder every year for a decade. Section 24, the 3% SDLT surcharge, the 60-day CGT window, and now quarterly reporting. Most landlords are still filing as though none of it happened.
What is included
Rental accounts
Per-property income and expenditure, so you can see which ones actually make money.
Section 24 handling
The finance cost restriction applied correctly, and modelled so you know what it is costing you.
Expense and allowance review
Replacement of domestic items, repairs versus improvements, travel, professional fees, use of home.
MTD for property income
Set-up and quarterly filing for landlords caught by the April 2027 threshold.
Capital Gains Tax on sale
Including the 60-day reporting and payment deadline that catches most sellers out.
Incorporation review
Whether moving your portfolio into a company is worth the SDLT and CGT cost. Often it is not. We will say so.
Read more about landlord tax
Landlord tax: your questions answered
Do landlords need to do Making Tax Digital?
Yes, if gross rental income plus any self-employment income exceeds £50,000 you are already in from April 2026, and above £30,000 you join in April 2027. Note it is gross rent before expenses or mortgage interest, which catches many landlords by surprise.
What expenses can a landlord claim?
Repairs and maintenance, letting agent fees, insurance, ground rent and service charges, council tax and utilities where you pay them, professional fees, travel to the property, and replacement of domestic items. Mortgage interest is not an expense. It is a 20% tax credit instead.
What is Section 24?
The rule that stopped landlords deducting mortgage interest from rental income. Instead you get a basic-rate tax credit of 20%. For higher-rate taxpayers this substantially increased the tax on geared portfolios.
When do I pay Capital Gains Tax on a rental property?
You must report and pay within 60 days of completion using a UK Property Account. Missing it brings penalties even if the tax itself is paid later through Self Assessment.
Should I put my properties in a limited company?
Sometimes. A company keeps full mortgage interest relief and pays Corporation Tax rather than Income Tax, but transferring existing properties triggers SDLT and usually CGT. It is a calculation, not a rule of thumb, and we will run it for you.