Accountants for UK landlords and property investors.

Landlords & property investors — common questions.

• Do landlords need an accountant in the UK?

  Not legally — but most landlords with more than 2 or 3 properties use one. UK property tax involves Section 24, MTD Income Tax (from April 2026), SPV vs personal-name decisions, CGT on disposals, and SDLT on acquisitions. The rules change frequently. An accountant typically pays for themselves through one missed allowance.

• How much does an accountant cost for a landlord?

  Our fees for landlords start at £200/month. This includes self-assessment, property pages, MTD readiness, bookkeeping, and portfolio reporting. SPV accounting adds £100–£200/month. Specifics agreed in writing after the discovery call.

• What is MTD Income Tax and when does it start?

  Making Tax Digital for Income Tax starts April 2026 for landlords and sole traders with gross income above £50,000. From April 2027, it extends to those above £30,000. You'll need digital records and four quarterly submissions per year. We prepare clients now.

• What is Section 24?

  Section 24 restricts the tax relief landlords can claim on mortgage interest. Since April 2020, mortgage interest is no longer deductible from rental income for personal-name landlords; instead it gets a 20% basic-rate tax credit. Higher-rate taxpayers can pay £5,000–£30,000+ more tax per year than under the old rules.

• Should I put my properties into an SPV?

  Depends on your situation. SPVs (limited companies for property) aren't affected by Section 24 in the same way and can be more tax-efficient at scale. But transferring existing properties triggers SDLT and CGT — often making it the wrong move retrospectively. We model your specific situation before any transfer.

• Can I claim mortgage interest on my rental property?

  If you own personally: no, you can't deduct it from income — instead you get a 20% basic-rate tax credit (Section 24). If you own through an SPV: yes, mortgage interest is fully deductible against profit. This is one of the main reasons clients incorporate.

• What expenses can I claim as a landlord?

  Allowable expenses include letting agent fees, property repairs (not improvements), insurance, council tax during voids, accountant fees, professional clean and inventory costs, advertising for tenants, and general property maintenance. Capital improvements are added to the property's CGT base cost rather than deducted.

• How is rental income taxed?

  Rental income is taxed at your marginal rate (20%, 40%, or 45%). Allowable expenses reduce taxable rental profit. For personal-name landlords, Section 24 restricts mortgage interest relief. SPV-owned property pays corporation tax on profit (currently 19–25%). MTD changes the reporting cadence from April 2026.