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Property Accounting

Expert accounting and management services tailored for property portfolios.

In short

We provide accounting and tax support for landlords and property portfolios. That covers rental income accounts, the property pages of your tax return, Making Tax Digital compliance, Capital Gains Tax on sales, and advice on structuring a growing portfolio.

What’s included

  • Annual rental income and expense accounts for each property or the whole portfolio
  • Property pages of your Self Assessment return
  • Making Tax Digital for Income Tax: quarterly updates if your income is over the threshold
  • Capital Gains Tax calculations and the 60-day property return when you sell
  • Advice on owning property personally, jointly or through a limited company

Rules every landlord should know

  • Mortgage interest: for individual landlords, finance costs aren’t deducted from rental income. Instead you get a tax credit at the 20% basic rate
  • Property allowance: the first £1,000 of property income can be tax-free
  • Making Tax Digital: landlords and sole traders with qualifying income over £50,000 must use MTD from 6 April 2026, and over £30,000 from April 2027
  • Selling a UK residential property: any Capital Gains Tax must usually be reported and paid within 60 days of completion

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Answers

Property Accounting: common questions

Do landlords have to use Making Tax Digital?

Yes, if your combined qualifying income from property and self-employment is over £50,000. You have had to use it since 6 April 2026. The threshold drops to £30,000 from April 2027 and £20,000 from April 2028.

Can I claim mortgage interest against rental income?

Individual landlords can’t deduct mortgage interest from residential rental income. Instead they get a tax credit worth 20% of the finance costs. Companies that own property can still deduct finance costs.

How long do I have to report Capital Gains Tax on a property sale?

For UK residential property, you usually need to report the sale and pay any Capital Gains Tax within 60 days of completion.

Should I hold my properties in a limited company?

It can suit some landlords, particularly higher-rate taxpayers who plan to keep growing. But moving existing properties can trigger Stamp Duty and Capital Gains Tax. We’ll model the options for your situation.

Talk to us about property accounting

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