From a single buy-to-let above a Kenton shop to a 20-property HMO portfolio across NW London, we specialise in landlord tax. Annual SA105 returns, joint ownership splits, replacement of domestic items, mortgage interest credit: done correctly so you never overpay.
Rental income, allowable expenses (letting agent fees, insurance, repairs, ground rent, service charges, accountancy), replacement of domestic items relief, Section 24 mortgage interest credit, finance costs carried forward, and capital allowances on commercial elements. We review prior returns and frequently recover overlooked deductions worth £500-£3,000+.
Married couples and civil partners default to a 50:50 income split regardless of legal ownership. If one spouse is a lower-rate taxpayer and beneficial ownership is unequal, a Form 17 election can shift rental income to the lower earner - often saving £1,500+ per year. We prepare the declaration of trust and Form 17 together.
Disposals trigger CGT - reported and paid within 60 days. Gifts to family use the no-gain/no-loss rule for spouses or trigger market-value CGT for others. Incorporating into a Ltd company can defer CGT under s162 incorporation relief if the portfolio qualifies as a business. We model every route honestly, including SDLT cost and refinancing impact.
Yes: losses must be reported to carry forward against future rental profits. Failing to file means you lose the relief.
April 2026 for gross rental income over £50k, April 2027 for £30k-£50k, and likely April 2028 for £20k-£30k. We're already onboarding clients to Hammock and Xero for landlords.
on request for the first property, on request for each additional in the same return. Multi-owner portfolios quoted as a fixed annual fee.
