A general accountant looks after all kinds of clients. Property tax accountants know this area inside out, so we deal with the same capital gains tax, income tax and stamp duty land tax questions every week.

That focus matters because tax laws move fast. Stamp duty land tax, capital gains tax and the rules around allowable expenses have all changed in recent years, and a general accountant may not carry the in-depth knowledge needed to catch every update that affects your property tax liability.

What Makes Property Tax Different From General Accounting

Property tax specialists deal with things a normal accountant rarely sees. That includes capital allowances, enveloped dwellings, property-related taxes on jointly owned assets, and the tax treatment of rental income once mortgage interest and running costs are taken out.

We have seen landlords lose money simply because a previous accountant missed an allowable expense or filed a tax return late. Chartered tax advisers who specialise in this area every day catch these tax matters before they turn into a much bigger tax bill.

The Cost Of Getting Property Tax Advice Wrong

A wrong self assessment tax return, a missed capital allowances claim or a late stamp duty land tax payment can all lead to penalties and extra tax liability. Good tax advice from property tax specialists protects your property investment, not just your tax return.

Property tax touches almost every decision an owner makes, from buying a first rental property to selling an entire property portfolio.

Buying, Selling And Handling Property Transactions

We handle capital gains tax on the sale of a rental or investment asset, stamp duty land tax on new purchases, and the extra duty owed by buyers with more than one home. We also advise on incorporation, moving properties from your own name into a limited company, and the tax position for enveloped dwellings held by a company.

Running Your Rental Property Portfolio

Our property tax accountants track rental income and property-related expenses throughout the year, so you always have a clear view of cash flow. We check every allowable expense you are entitled to, along with capital allowances where they apply to your property investment, so nothing gets missed at tax return time.

Tax Returns, VAT And Staying Compliant

We prepare self assessment tax returns, assessment tax returns for jointly owned assets, and VAT returns for property businesses registered for VAT. As Making Tax Digital continues to roll out, we make sure your records stay up to date, and you stay compliant with Making Tax Digital requirements as they change.

• Landlord self assessment and rental income reporting
• Capital gains tax and inheritance tax planning for owners
• Stamp duty, land tax and property transactions support
• Limited company set up and company accounts
• VAT returns for commercial property and development projects
• Development, refurbishment and conversion project accounting
• Support through the Let Property Campaign for undeclared rental income

If you have undeclared rental income from previous years, the property campaign run by HMRC, known as the Let Property Campaign, gives you a route to put things right. Available reliefs and allowances differ from case to case, so we look at your property ownership structure before recommending anything.

Our accounting services for landlords typically start from around £200 a month for full bookkeeping and portfolio reporting, or between £500 and £2,000 a year on a fixed annual fee for more straightforward cases. A one-off tax return for a single rental property often costs between £150 and £300, while property tax accountants working on a limited company, VAT returns, or a larger portfolio usually charge more, sometimes running to £3,000 a year or beyond, reflecting the extra work behind the numbers.

This is a rough guide, and the actual cost always varies depending on your holdings and the property tax matters involved. We agree a fixed price with every client once we understand what your business needs, so there is never any surprise when the invoice arrives, and you always know your money is going toward real work, not guesswork.