A look at our property accounting services for landlords

There have been a number of changes taking place concerning taxes in the buy-to-let market of late, with further implications yet to come. From tax now being based on turnover as opposed to profit, to basic-rate taxpayers being pushed into the higher bracket, these changes are affecting landlords and their finances across the country.

As such, it’s now more important than ever for landlords to find the right property accounting services for them. With a team of trusted and honest landlord accountants at hand to support you and your buy-to-let endeavours, you can rest assured that your property is driving the best financial growth available to you.

That’s where the property accounting team at Alexander & Co can come in handy. Discover more about which of our property accounting services can prove beneficial to you as a landlord. Don’t forget to get in touch with a member of our team, if you’re interested in finding out more about our business.

it’s now more important than ever for landlords to find the right property accounting services for them

Property-related tax and VAT advice

With the introduction of increased tax and costs for landlords, along with some changes as to how tax is assessed and deducted, it’s crucial to have expert landlord accountants in place to support you through these changes.

Not only that, but many landlords aren’t aware that they could be entitled to reclaiming some VAT back on their buy-to-let properties, something that our team can help you to fully understand.

many landlords aren’t aware that they could be entitled to reclaiming some VAT back on their buy-to-let properties

We’re at hand to offer plenty of in-depth professional advice on your property-related tax. Whether that’s any new or upcoming changes that you need to be aware of, or how to maximise the profits you receive from your buy-to-let portfolio, post-tax deductions. You can rest assured that the Alexander & Co landlord accountants have a wealth of knowledge to offer you.

Tax, auditing and accounting

If you’re looking for more than consultation, we can help you there, too. We offer assistance with a number of property tax, accounting and auditing related tasks at hand.

So if you’re an expert when it comes to finding a bargain of a property, but not so much when it comes to organising the financial aspects of your investment, speak to our landlord accountants who can help to take the pressure off.

Making Tax Digital

The new and upcoming initiative, Making Tax Digital, is in the works and is expected to be an imperative part of the taxing process by 2020. However, some businesses and self-employed individuals may need to be prepared much sooner than that, including landlords.

Making Tax Digital is set to become a huge part of the tax system and we’re here to assist self-employed individuals such as yourself

If you sit over the VAT threshold of £85,000, you will be required to keep digital records of your income and allowances by 2019. Our Making Tax Digital roadmap can provide you with a better understanding of the goings on surrounding the scheme.

Making Tax Digital is set to become a huge part of the tax system and we’re here to assist self-employed individuals such as yourself, with the smooth transition from the current system to the modern updated version.

If you have any questions concerning property tax, don’t hesitate to speak to one of our landlord accountants for some friendly help and advice.

Get in touch with us about your property tax queries