“Property investment remains a strong route to long-term financial growth, but the tax rules for landlords have become increasingly complex. At Holland & Co, we help landlords and investors navigate income tax, capital gains, and rental accounts efficiently — ensuring every property is structured for maximum tax efficiency and future success.”

— Nigel Holland, Chartered Accountant

Expert Property Tax Guidance from Nigel Holland and Holland & Co Chartered Accountants

At Holland & Co Chartered Accountants, we specialize in providing comprehensive advice on property tax matters. Our expertise encompasses a wide spectrum, including income tax on property rentals, capital gains tax on disposals, and various related issues.

Investing in Buy-to-Let Property: A Wise Choice?

Investing in buy-to-let property in the UK remains a prudent financial decision, offering the potential for robust capital growth and a dependable rental income stream. While the market faced challenges during the COVID-19 pandemic, it has shown signs of resilience and recovery. Rental prices have continued their upward trajectory, instilling confidence in both seasoned and prospective investors.

However, it’s essential to acknowledge that the landscape for rental property has evolved. Recent governmental adjustments to landlord tax benefits have altered the equation. In April 2020, mortgage interest relief (MRI) for landlords reached its conclusion, following a phased reduction since 2017. Moreover, changes to Capital Gains Tax are on the horizon.

The Role of an Accountant for Landlords

Staying well-informed and understanding how these regulatory changes affect you as a landlord is paramount. This is an area where property accountants like us can provide invaluable assistance. We offer guidance and diligently explore tax-efficient strategies tailored to your specific circumstances.

Financial Responsibilities for Landlords

As a landlord, you shoulder a multitude of financial and administrative obligations. Generating personal rental income necessitates self-assessment registration and the annual completion of tax returns. Similarly, if your property is held under a limited company, the submission of annual accounts and tax returns is obligatory.

Amidst the myriad responsibilities landlords bear, navigating the complex financial terrain can be daunting, even for the most seasoned individuals. At Holland & Co Chartered Accountants, we are here to alleviate this burden, enabling you to focus on other facets of successful landlordship.

How Holland & Co Chartered Accountants Can Assist You

With the right financial guidance and services, buy-to-let landlords can achieve a highly rewarding return on investment. Whether you are a professional buy-to-let landlord or renting out a secondary property, Holland & Co can provide our professional expertise to optimize the returns on your hard-earned investment.

Our services comprise:

• • • Preparing Rental Accounts

• • • Analyzing Expenditure for Tax Efficiencies

• • • Handling Tax Returns

• • • Providing Capital Gains Tax Advice

• • • Leveraging Landlord-Specific Tax Reliefs

• • • Navigating Making Tax Digital (MTD)

Partner with us to ensure that your property investments are not only financially sound but also optimized for long-term success. At Holland & Co Chartered Accountants, we are committed to your financial prosperity.