Property Tax
Property Tax – Advice for Landlords and Property Investors
Whether you let one property or manage a growing portfolio, understanding the tax position helps you plan ahead.
Merranti Accounting supports buy-to-let landlords, HMO owners, property companies and developers, with accounting and specialist tax advice agreed around your needs.
Rental Income and Tax Returns
Tax is generally based on rental profits after allowable expenses. We can help organise your rental figures and prepare the property information needed for your tax return. Company-owned properties are dealt with through the company’s accounts and tax reporting.
Expenses, Repairs and Improvements
Letting fees, insurance and qualifying repairs may reduce taxable rental profits. Improvements and other capital spending are treated differently from day-to-day running costs. Keeping invoices and a clear description of the work helps establish the correct treatment.
Mortgage Interest and Finance Costs
The treatment of finance costs depends on how the property is held. Individual residential landlords face restrictions on deducting mortgage interest from rental profits; companies have different rules. We can review the position for your circumstances.
Buying, Selling or Changing Ownership
Speak to us before a sale, gift or transfer. Capital Gains Tax may apply when an individual disposes of an investment property, while companies normally pay Corporation Tax on chargeable gains. Reliefs and reporting requirements depend on the circumstances.
Property Companies, VAT and Development
Merranti’s property experience includes company structures, development projects, property VAT and transaction taxes. We can discuss the issues relevant to your plans and agree the specialist advice needed before you commit.
Plan Around Your Property Goals
Tell us what you own, how it is financed and what you plan to do next. A clear starting point helps identify the records, reporting and advice your property activities need.
Property Tax Support
Practical accounting and tax support for your property activities.
- Rental accounts and tax reporting
- Property ownership and transaction advice
- Specialist property VAT support
- Budgets and cash flow forecasts
Discuss your property plans with us so we can agree the right service and fee.
Discuss property taxFixed Fees
Your quotation sets out the agreed work and fee. We explain which services are covered and discuss additional work before proceeding.
Dedicated Accountant
Work with someone who gets to know your properties and plans. Keeping that context in one conversation makes it easier to discuss your next steps.
Property Records
Keep rental statements, invoices and finance records organised. We can discuss how your existing software and records can support the reporting you need.
Business Advice
Merranti can support property budgeting, forecasts and information for funding discussions. We agree any advisory work around your project and goals.
“I have had an excellent experience working with Jason. I am so thankful for his financial advice, especially as I was struggling to decide between self-employment and a permanent role. Jason was patient, kind, and incredibly thorough in guiding me through my options. His clear advice made a complicated decision much easier. I highly recommend Jason to anyone looking for professional and thoughtful financial guidance.”
Learn more about Merranti on Merranti Insights
About our property tax service
Make your next property decision with clearer numbers.
Start with a conversation about your properties, current records and upcoming decisions. We can explain how Merranti could help and agree the accounting and tax support you need.
Let’s talk and see how we can help you.
Talk about property tax
