Landlords & property developers

Landlord & developers

From the ground up accounting

The housing market constantly sees rising prices and high demand for rental or buying opportunities. Along with that comes complex tax regulations which, if not followed correctly, can incur devastating financial repercussions.

That’s why seeking the help of an accounting firm like Hemsley Miller is invaluable.

Our team can help you understand the tax requirements for landlords and property developers. We will help you prepare your statutory accounts and tax returns and even be ready for any potential audits.

From the ground up, we will help you plan the tax structure for your business and advise on any and all tax reliefs available to you. 

No matter if it’s income tax, corporation tax, capital gains tax, or even stamp duty, we have all bases covered.

Throughout the tax year, you’re likely to build up a number of expenses. Some examples include:  

• Agent fees
• Mortgage or loan interest
• Services charges
• Utilities
• Property upkeep
• Council tax, if the tenants don’t pay it

If you have a property that is currently empty, you’re still liable to pay council tax. We can advise on the best ways to legally minimise these payments, so you aren’t as badly affected.

Don’t concern yourself with all of this; our team is here to help you.