Accounting Services For Landlords & Flat Management Companies

Unfortunately, landlord accounting is becoming an increasingly complex area of tax and legislation. Even experienced landlords risk being caught out by the April 2020 changes to finance costs tax relief, for instance. So it’s understandable that many property owners are being discouraged from renting out their property – landlord accounting is tricky to navigate.

That’s where Warr & Co step in. Our team of landlord accountants and flat management accountants specialise in this area of tax and can provide a comprehensive service, ensuring you stay compliant and tax efficient.

We’ve Been Nominated

We’re proud to have been nominated ‘BEST ACCOUNTING AND TAX SERVICES FOR LANDLORDS’ at the National Landlord Investment Show 2019. Click here to vote for us.

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Whether you’re a professional landlord or you only rent out a property as a side business, you may benefit from managing your property as a business. Did you know that even if you don’t turn a profit as a landlord, you must still declare your income as a landlord?

There are plenty of ways to be a tax-efficient landlord, and the team at Warr & Co can help. We take the finance and tax work off your hands, leaving you the time you need to do what you do best. We offer a straightforward, honest service with no unexpected fees – just the type of quality service you’d expect from a small but highly experienced team. Get in touch for a free, no-obligation consultation today.

Request A Free Consultation Now

Free Guide To Landlord Accounting

Available To Download

Being a landlord is a big responsibility, and is becoming increasingly challenging due to legislative changes like S24 and Letting Relief. Many landlords are considering setting up a Limited Company in 2020 to help them to reduce tax exposure.

Our free guide helps you get to grips with the latest changes, the pros and cons of going Ltd, and even comes with a free Profit & Loss spreadsheet.

Download The Guide Now
Landlord accounting Guide
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Services For Landlords & Flat Management Companies

Landlord Accounting Services

Our team of landlord accountants are highly experienced in all areas of landlord accounts such as landlord bookkeeping, filing annual property accounts, and landlord tax returns. On top of that, we can offer advice if you wish to expand your landlord business profile, such as investing in further properties and optimising your finances while reducing your tax liability.

Most of our landlord accounting clients rent out property on the side of their main career, whether that be a business or a full-time job. So saving time by having a professional, experienced landlord accountant on their side means they are able to work smarter – not harder.

We can also help prepare for regulatory and tax changes.

Landlord

One – Five

£85 ex VAT

per month


Service for landlords managing 1 – 5 properties

Cloud Accounting Service inc

HMRC Tax Enquiry Service inc

Annual company accounts preparation

Corporation tax return completion

Mortgage references

Full director support throughout the year

Landlord

Six – Ten

£100 ex VAT

per month


Service for landlords managing 6 – 10 properties

Cloud Accounting Service inc

HMRC Tax Enquiry Service inc

Annual company accounts preparation

Corporation tax return completion

Mortgage references

Full director support throughout the year

Landlord

One – Five

£85 ex VAT

per month


Service for landlords managing 1 – 5 properties

Cloud Accounting Service inc

HMRC Tax Enquiry Service inc

Annual company accounts preparation

Corporation tax return completion

Mortgage references

Full director support throughout the year

Landlord

Six – Ten

£100 ex VAT

per month


Service for landlords managing 6 – 10 properties

Cloud Accounting Service inc

HMRC Tax Enquiry Service inc

Annual company accounts preparation

Corporation tax return completion

Mortgage references

Full director support throughout the year

Please contact us directly for a quote if you manage more than ten properties.

Flat Management Company Accounting Services

Warr & Co are a leading firm of chartered accountants who specialise in working with flat management companies. Flat management companies are set up as a convenient way for residents in a block of flats to manage shared expenses such as insurance, roof repairs and communal cleaning.

In a typical company, each owner of a flat will have one share in the flat management company. The residents will elect directors to deal with the formalities of the company, setting an annual service charge that every flat owner will be required to pay.

These companies are governed by the Companies Act just like any other company and so must prepare and file annual accounts. We currently act for around 100 such companies.

We offer a unique client-focussed approach to your flat management accounting needs and pride ourselves on making the process as easy for our clients as possible.

Offering a full range of services we cover:

  • Submission of annual accounts to Companies House
  • Submission of company tax returns to HMRC
  • Annual tax returns
  • Managing service charge accounts with stakeholders and tenants
  • Proactive tax and legislation advice

We offer a straightforward, honest service with no unexpected fees; just the type of quality service you’d expect from a small but highly experienced team.

For an additional small monthly fee, flat management companies have the option to utilise one of our recommended cloud accounting services from as little as £7 per month, a discounted rate compared to the services’ own list price. This means that you’ll be compliant with Making Tax Digital (MTD) and your accountant will have full visibility of your company’s finances 24/7.

Our team understand the specialised legal and accounting requirements that go hand in hand with operating a simple flat management company, providing a competitive and personal service. Our team bring decades of experience to this specialist area, so if your flat management company requires expert advice on taxes and accounting, we can help.

We offer our services throughout the UK and operate from three offices based in London, Stockport, and Manchester. Get in touch with us now.

Cloud Accounting Services

As of April 2019, all businesses above the VAT threshold will be required to use a digital cloud-based bookkeeping solution to submit returns to HMRC. So to get our clients off on the right foot, we’ve selected our top five providers and partnered with them to help our clients with their MTD (Making Tax Digital) compliance.

The Best Cloud Bookkeeping Services For Landlords & Flat Management Companies

We’ve tried and tested the best that are available, and while all five of the services we offer to clients at a discounted rate are compliant and user-friendly, some may be better than others for your specific business.

Our accountants are happy to point you in the direction of the cloud accounting solution that best fits your business model, helping to ensure you have the service you need for the long term.

See Our Recommended Cloud Accounting Services

Tax Enquiry Service

What Is A Tax Enquiry?

A Tax Enquiry is an HMRC investigation into your businesses taxes. Often this is not a simple process, as the investigative team from HMRC may want paperwork and face-to-face meetings to discuss your business taxes.

Anyone can be subject to an HMRC enquiry, and you must comply by law. They can target any business they wish to and do not have to have a reason to target your business, meaning that they can open an enquiry even if you’ve done nothing wrong.

This is troubling for businesses, and especially small businesses. The cost of defending your company in a tax enquiry with HMRC is significant and can easily run into thousands of pounds – in addition, it’s not unusual for enquiries to last months or even years. So you need a good accountant on your side to defend you and ensure no errors are made on your behalf throughout the investigation.

What’s Included In The Tax Enquiry Service?

Warr & Co will deal with all HMRC correspondence on your behalf, we will prepare and defend your case, and we will negotiate the best possible outcome for you wherever necessary.

Did you know? Even if you are not at fault and have had no errors in your business taxes, the costs of defending your business in an HMRC enquiry are not refunded. Unfair, yes, but that’s exactly why this add-on service is highly recommended to all of our business clients.

For one small annual fee, your business is covered in case HMRC decides to open an enquiry for your business. Whatever the outcome, you’re safest if you have our Tax Enquiry Service on your side.

We have plenty of information, including a downloadable leaflet about tax enquiries and pricing for this service, on the link below.

Learn More About Our Tax Enquiry Service

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