Specialist Accountants for Landlords
Landlord Accountants London, Hounslow & Kingston
1Stop Accountants have over 30 years of experience as Specialist Accountants for Landlords, with accounting offices in London, & Hounslow, we are able to serve residential and commercial landlords across the UK with our specialist online landlord accountant software.
Accounting Services for Landlords
Any income received from letting a property has to declare this to the HM Revenue & Customs, hence landlords are legally obliged to submit Annual Rental Accounts and a Self-Assessment Tax Return.
At 1Stop Accountants we ensure that you get expert advice to ensure that all accounting requirements are in place from the start to facilitate Annual Returns by providing you with the following services:
- Maintain accurate Bookkeeping with the use of specialist online accounting software to ensure that all income and expenses can be re-conciliated
- Ensure that expert advice is given concerning all ‘Allowable Expenses’ that are tax deductible
- A professional Landlord service and system which will aid in the maintenance of recording and filing all evidence of costs and expenses incurred
- Tax Advice whether you rent properties through a Letting Agent or not to ensure that all fees and other expenses are accounted for
- Other important advice on deductions for capital expenditure where furniture and fixtures are purchased for your properties, ‘wear and tear’ deductions, management expenses and other miscellaneous expenses like utility bills
All our Landlord Accountancy packages include a dedicated account manager who will guide you and provide expert advice for all your Landlord Accounting needs.