Specialist knowledge and advice for property portfolios
Many of our clients own buy to let properties and there are a number of taxation matters that we can help with as your local property accountant in Ashford, Middlesex.
Owning a property often involves navigating a number of complex rules, including income tax on buy-to-let properties and on the letting of furnished holiday accommodation, taxation for property developers and property investment companies, capital gains tax on the sale of a property (which, in recent years, has been extended to include the sale of residential property by non-UK residents), and value-added tax rules on short-term lettings and commercial property.
These are just a few of the subjects that we frequently deal with. We have been handling complex areas of property taxation advice for many years and will be pleased to hear from you if there is a problem area that we can help with.
Our fees for preparation of a tax return to report the income from one buy to let property are £250 plus VAT. For more complex tax returns our fees are set according to the extent of work involved.
A taxpayer has an obligation to register for self assessment if they have either an income tax or a capital gains tax liability. We can help to complete the registration for you.
We provide a free initial consultation, during which, we will be pleased to give guidance on the tax treatment of your transactions. We will then provide a quote for our fees for handling any work which you instruct us to complete on your behalf.
