Landlords and rental accounts
Any individual who receives income from renting a property has to declare this on a personal tax return irrespective of whether or not they make a profit.
Alongside preparing the rental accounts and associated tax return for you we can: -
- Advise on how best to structure your buy to let portfolio
- Advise on deductibility of expenses and specific tax reliefs
- Advise on any potential capital gains tax on future sales