Accountants for landlords
Landlords pay Income Tax on rental profits, receive only a 20% credit for mortgage interest under Section 24, and must report quarterly under Making Tax Digital from April 2027 if gross rents exceed £30,000. We handle rental accounts, MTD and capital gains, from £199 a year.
What usually goes wrong
These are the four things we most often find when a new landlords client brings us their last couple of years.
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The MTD threshold uses gross rent, not profit
A landlord with £34,000 of rent and a £24,000 mortgage has £10,000 of profit but £34,000 of qualifying income. They are in from April 2027 and almost certainly do not know it.
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Section 24 is costing you more than you think
Mortgage interest is no longer deductible. You get a 20% tax credit instead. For a higher-rate taxpayer with a geared portfolio, that is a substantial annual hit most people have never had modelled.
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The 60-day CGT window catches almost everyone
Sell a rental property and you have 60 days from completion to report and pay. Miss it and penalties start immediately, even if the tax gets paid later through Self Assessment.
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Repairs versus improvements is getting you wrong
A new kitchen of like-for-like quality is a repair and deductible now. An upgraded one is an improvement and only relieved against capital gains on sale. The line is worth real money.
What we do for you
- Landlord tax Rental accounts, Section 24 modelling and 60-day CGT reporting. from £199
- Making Tax Digital Software, quarterly updates and your final declaration, all handled. from £35/mo
- Capital Gains Tax Gains calculated, reliefs claimed, filed inside the 60-day window. Quoted
- Self Assessment Your return prepared, checked for missed reliefs and filed early. from £149
Guides for landlords
Landlords: common questions
Do landlords need an accountant?
Not legally, but property tax has changed so much in a decade (Section 24, the 60-day CGT window, now quarterly MTD reporting) that most landlords filing their own returns are paying more than they need to.
Does Making Tax Digital apply to landlords?
Yes, if gross rental income exceeds £50,000 you are already in from April 2026, and above £30,000 you join in April 2027. The test is gross rent before mortgage interest and expenses.
Should I move my properties into a limited company?
Sometimes. A company keeps full mortgage interest relief, but transferring existing properties usually triggers Stamp Duty and Capital Gains Tax. It is a calculation specific to your portfolio, and often the answer is no.