Landlord and Property Tax Accountants
Property income brings tax responsibilities, and Making Tax Digital is making digital record keeping more important for landlords. RD Accounting helps landlords prepare tax returns, understand allowable expenses and get ready for MTD where needed.
How we help landlords
- Rental income and expense records
- Self Assessment tax returns
- Mortgage interest and finance cost guidance
- Jointly owned property considerations
- Making Tax Digital preparation
- Cloud software and record keeping support
- Tax planning discussions where appropriate
MTD for landlords
Landlords may need to use Making Tax Digital for Income Tax if their qualifying property income, alone or combined with self-employment income, exceeds the relevant threshold. Preparing early can make the transition much smoother.
Clear advice for property owners
We can help you understand what records to keep, what expenses may be allowable and how to avoid last-minute tax return stress.
Do landlords need to file a tax return?
Yes, all VAT-registered businesses should now be signed up for Making Tax Digital for VAT, unless an exemption applies.
What expenses can landlords claim?
Yes. We can prepare and submit VAT returns using compatible software.
Does Making Tax Digital apply to landlords?
Spreadsheets may be possible when used correctly with compatible bridging software, but records and links must meet HMRC requirements.
Can you help if I have several properties?
Yes. We can help you understand when registration may be required and what to do next.
