Landlord have many financial and administrative responsibilities in regard to their rental income. Being a private landlord requires you to register for self-assessment and to complete annual tax returns. Similarly, if you own investment property through a limited company, you are required to submit annual accounts and tax returns.

Rental property accounting brings about valuable benefits for any landlord. It; for example, can safeguard your business against debt or fraud, forecast future expenses, and save time and resources during tax season. The bookkeeping services can help you track the financial flows for each property so that you can fine-tune your operations.

Where can Motabar help

At Motabar Accountancy, we help both professional buy-to-let landlords and those renting out a second property to get the most out of their hard-earned investment. We provide a comprehensive service as follows, ensuring you stay compliant and tax efficient.

• Preparing rental accounts
• Reviewing expenditure to get tax efficiencies
• Preparing and filing tax returns
• Advising on how to utilize income tax losses
• Landlord specific reliefs
• Capital gains tax advice