Industry Specialists
Property & Landlord Accountants
Specialist accountants for landlords and property investors. From rental income tax returns to CGT on sales, we help you navigate property taxation and structure ownership efficiently.
Why Choose Property Specialist Accountants?
Property taxation has become increasingly complex. Section 24 mortgage interest restrictions, 60-day CGT reporting requirements, and the choice between personal and company ownership all require specialist knowledge that general accountants may not have.
K&R Accountants works with landlords ranging from first-time buy-to-let investors to portfolio owners with multiple properties. We understand the commercial realities of rental income, void periods, maintenance costs, and the financing challenges landlords face.
Whether you need help with annual tax returns, planning a property sale, or restructuring your portfolio for tax efficiency, we provide practical advice tailored to your situation.
How We Help Landlords
Individual Landlords
- ✓Self Assessment for rental income
- ✓Section 24 impact analysis
- ✓60-day CGT property returns
- ✓Expense tracking and maximisation
- ✓Incorporation planning if beneficial
Property Companies (SPVs)
- ✓Annual accounts and corporation tax
- ✓Full mortgage interest deduction
- ✓Director salary and dividend planning
- ✓Company formation and setup
- ✓Confirmation statements and filings
Property Accounting Services
Comprehensive accounting support for landlords and property investors.
Rental Income Tax
Self Assessment for individual landlords with rental income
Capital Gains Tax
60-day property returns and disposal planning
Property Company Accounts
Annual accounts for SPVs and property companies
Inheritance Tax Planning
Estate planning for property portfolios
VAT for Property
Option to tax, commercial property VAT
Bookkeeping
Track rental income, expenses, and repairs
Company Formation
SPV setup for tax-efficient property holding
Tax Planning
Personal vs company ownership analysis
Property Types We Support
Selling a Property? Don't Miss the 60-Day Deadline
If you sell a UK residential property that is not your main home, you must report and pay Capital Gains Tax within 60 days. We handle the calculation and filing to keep you compliant.
Landlord & Property Tax FAQs
Should I hold property in a limited company or personally?
It depends on your tax position, borrowing requirements, and long-term goals. Limited companies pay corporation tax (25%) on rental profits and can deduct mortgage interest fully. Individuals pay income tax (up to 45%) but only get a 20% tax credit for mortgage interest under Section 24. Higher rate taxpayers with mortgaged properties often benefit from company structures, but transferring existing properties has CGT and stamp duty implications. We can model both scenarios for your situation.
What expenses can landlords claim?
Allowable expenses include letting agent fees, insurance, maintenance and repairs (not improvements), ground rent and service charges, accountancy fees, legal costs for evictions or lease renewals, utility bills if you pay them, and advertising for tenants. Mortgage interest is handled differently depending on whether you own personally or through a company.
How does the 60-day Capital Gains Tax rule work?
Since April 2020, UK residents must report and pay CGT on residential property sales within 60 days of completion if tax is owed. This applies to buy-to-let properties, second homes, and inherited properties you have not lived in. We handle the calculation and filing to ensure you meet the deadline and claim all available reliefs.
What is Section 24 and how does it affect me?
Section 24 restricts mortgage interest relief for individual landlords to a basic rate (20%) tax credit. This means higher and additional rate taxpayers cannot deduct mortgage interest from rental profits before calculating tax. It can also push landlords into higher tax bands or reduce Child Benefit entitlement. Companies are not affected by Section 24.
Do I need to register for VAT as a landlord?
Residential letting is exempt from VAT, so most landlords do not need to register. However, commercial property can be opted to tax, and furnished holiday lets may count towards the VAT threshold. If you provide additional services beyond standard letting, VAT may apply. We advise on your specific circumstances.
How do you help with property portfolio growth?
We help structure acquisitions tax-efficiently, advise on finance options, maintain clear records for lender requirements, project cash flows, and plan for CGT on future disposals. For larger portfolios, we work alongside your solicitors and mortgage brokers to ensure smooth transactions.
Ready to Work With Property Specialists?
Contact us today for a free consultation. We will review your property portfolio and advise on tax-efficient structuring and compliance.