Landlords
Accounting and tax support for landlords
Property income can create ongoing tax and record-keeping responsibilities, whether you let one property or have a larger portfolio.
We'll help keep the rental figures organised, prepare the relevant tax reporting and explain what needs to be paid and when.
Rental income and expenses
Clear rental records help us prepare the figures for your Self Assessment return. We'll work through rental income, relevant property costs and ownership shares where applicable.
Costs need to be considered in context. Capital expenditure is not automatically deductible from rental income, and we will review the nature of the expenditure rather than treating every payment in the same way.
Before a disposal
Selling a property?
Selling or otherwise disposing of a rental or second property can create Capital Gains Tax. For UK residents, tax due on a UK residential property disposal generally needs to be reported and paid within 60 days of completion. Different rules apply to non-UK residents.
Speak to us before the disposal where possible, so the calculation and reporting requirements can be considered in time.
Capital Gains TaxMaking Tax Digital for landlords
For individuals, qualifying income can include combined gross income from property and self-employment before expenses. It is not simply rental profit, and the check may involve more than one source of income. HMRC's rules and exemptions determine whether you need to use MTD.
If it applies, you'll need digital records, compatible software and quarterly updates, as well as the year-end tax return. We can discuss how your rental records will be maintained and the support you need.
Explore our MTD for Income Tax support
Over £50,000
Qualifying income on the 2024/25 tax return
MTD from 6 April 2026
Over £30,000
Qualifying income on the 2025/26 tax return
MTD from 6 April 2027
Over £20,000
Qualifying income on the 2026/27 tax return
MTD from 6 April 2028
Last reviewed:
Personally owned or limited company?
Some property businesses use a limited company or special purpose vehicle (SPV); others are personally owned. The appropriate structure depends on your circumstances.
Moving an existing property into a company is not automatically tax-efficient. Tax and legal consequences need consideration before ownership changes.
Support for limited companiesMore than one property?
As transactions increase, consistent records make it easier to see which income and costs belong to each property and gather what is needed for the accounts and tax return.
We can agree a practical division of the bookkeeping, whether you maintain the records or want us to take on more of the work.
Bookkeeping supportProperty reporting last reviewed: September 2026
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