Services to our landlord clients
For the tax years 2016/17 and 2017/18 as in previous years, a self assessment tax return should be submitted by the 31st January following the tax year.
We can prepare this for you and advise you of how the changes to the allowable relief of property finance costs affect you. If you have been doing it yourself and you’re happy to continue, the next two or three tax returns will be as you are used to doing.
But from April 2018, if your rental income exceeds £85,000, rental income and expenditure should be added to your digital tax account on at least a quarterly basis. For rental income under £85,000, the transition to making tax digital will start in April 2019. When the time comes or before if you choose to opt in early, we can help you with this, from helping you to set up your digital tax account, to training you on how to do it yourself or to take the burden and do it for you – we are here to help.
Our fees will depend on skill and time but they start from as little as £25 + VAT per quarter.