Accounting Services For Landlords

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 specialise in this area of tax and can provide a comprehensive service, ensuring you stay compliant and tax efficient.

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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Landlord Accountant 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.

Other Accounting Services For Landlords

Accounts & Tax

Landlord accounting is becoming more and more complex, with many landlords looking to leave the rental sector behind as a result. However Warr & Co can help ensure your rental business is tax efficient and compliant with the latest legislation, taking the work off your hands to allow you to continue your business in the knowledge that experienced professional accountants.

Find Out More About Our Accounting & Tax Services

Bookkeeping

For many landlords, renting is a secondary income source. This means that typically landlords are busy with other work, and the business administrative side of property letting can be time consuming.

The team at Warr & Co can help to reduce your time spent on bookkeeping with or without a cloud accounting service, allowing you to spend more of your time focussed on what you do best.

And for professional landlords whose primary role rental property management, bookkeeping for a larger portfolio can become complex. The Warr & Co team can help you manage your bookkeeping tasks in an efficient and effective way.

Learn More About Our Bookkeeping Services

Making Tax Digital (MTD) for Landlords

In April 2023, MTD will be applicable to landlords whose income from property is over £10,000 per annum. You can find out more about MTD on this page, but essentially this legislation requires businesses to keep digital records in an approved cloud bookkeeping software. Warr & Co currently work with five leading providers, so there will be a suitable service for all business types.

While 2023 might seem a long way off, it is wise to prepare early. There are plenty of additional benefits to starting to use a cloud bookkeeping service; such as reduced time on administrative tasks, better visibility for your accountants, and a clear overview of your incoming and outgoing payments. It is far less fiddly than using a spreadsheet and most landlords appreciate the ability to upload receipts directly instead of manually recording expenses.

You can find out more about MTD for landlords here, where you can also watch our webinar on this topic. Click below to read about our cloud bookkeeping partners and reach out to us if you’d like to set up ready for your MTD deadline.

See Our Cloud Bookkeeping Partners

Capital Gains Tax (CGT) for Landlords

Landlords wishing to sell a rental property must be aware of Capital Gains Tax (CGT) and how it will interact with their individual tax position. Our team of chartered accountants can assist in managing your tax exposure when considering the sale of a property to ensure you are operating as tax-efficiently as possible.

There may be changes coming to CGT (predicted for Spring Budget 2021 – but not yet materialised) which could hit landlords hard with respect to selling a second property. If you are considering selling any of your properties please do contact us for advice well in advance.

Find Out More About Our CGT Services

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