Property income, properly reported
SA105 rental accounts, Section 24 relief and buy-to-let tax planning.
Landlord tax has changed considerably
Section 24 restricted finance cost relief to a basic-rate tax credit, and for higher-rate landlords that changed the arithmetic of holding property personally. We prepare your rental accounts, claim what you are entitled to, and give you a clear view of whether your current ownership structure is still the right one.
What is included
- SA105 property pages for UK and overseas property
- Section 24 finance cost relief calculations
- Allowable expenses and replacement of domestic items relief
- Furnished holiday let and rent-a-room treatment
- Capital gains on disposal, including the 60-day reporting window
How it works
- We gather your rental statements, mortgage interest and expense records.
- Income and allowable costs are prepared per property.
- Reliefs are applied and the tax position calculated.
- The return is filed and we flag any planning worth acting on.
Incorporating a portfolio is not automatically beneficial — stamp duty and capital gains on transfer often outweigh the saving. We model it properly before recommending anything.