Landlord Services
Whether you are new to property investment or have an established portfolio, having a specialist landlord accountant can save you thousands. Orange Genie Accountancy are here to support you successfully manage your taxes as a landlord. We provide support to landlords using digitally approved software, providing short- and long-term tax planning advice.
Orange Genie Accountancy go beyond the statutory compliance work required and provide advice on the tax implications of investing in further properties, whether Limited Company or personal investment is best and optimising your finances while reducing your tax liability.
We have fixed fee packages starting from £55+VAT per month that all offer a dedicated accountant providing expert advice and more depending on your requirements.
Personal Property (1-3 properties) | Company Property (1-3 properties) | Growth Portfolio Company (3+ properties) |
Dedicated Accountant | Dedicated Accountant | Dedicated Accountant |
Personal tax return for one person | Annual accounts and CT600 | Annual accounts and CT600 |
Access to digitally approved software | Basic personal tax return for one director | Basic personal tax return for one director |
Reminders for important filing deadlines | Access to digitally approved software | Access to digitally approved software |
Set up for MTD for ITSA | Reminders for important filing deadlines | Reminders for important filing deadlines |
Quarterly filing to HMRC for MTD | Quarterly tax reviews | Quarterly tax reviews |
Tax efficiency reviews | Company formation | Company formation |
Secure Docusign portal | Secure Docusign portal | Secure Docusign portal |
Registered Office | Registered Office | |
Payroll for 1 person | Register prepare, file VAT | |
Payroll for 1 person | ||
From £55+VAT | From £110+VAT | From £180+VAT |
Why does a landlord need an accountant?
Specialist expertise
You wouldn’t attempt to carry out a major structural extension on your home (unless you’re a builder) or provide medical and dental treatment to family members if you’re not qualified to do so. It’s no different with accountancy and tax advice. Your property investment is more than a series of admin tasks, and your accountant’s expertise adds value beyond maintaining your books and records. A good accountant will pay for their fee, often many times over, by saving you money through tax planning and expert advice.
Your time is valuable
Each year dozens of tasks need to be completed, including: Calculating your personal tax return, tax planning, quarterly MTD submissions from (April 2024) dealing with HMRC and maintaining bookkeeping records.
Many of these tasks come with deadlines that you’ll need to keep track of, and you can incur fines and penalties if you miss them. All this is on top of the time you might need to invest in researching any queries you have, and you still won’t know if you missed something an expert would have spotted and paid more tax than you needed to.
Handing these tasks off to your accountant not only leaves them in expert hands, it also frees you up to focus on what you’re good at.
Access to software
We can provide you with access to digitally approved software, and even complete the record keeping for you. But having all of your information kept up to date regularly, means that you can be provided with tax planning advice in real time.
Legislation often changes
How you maintain your records one year may not be the same as the next. You need to be abreast of new tax legislation, and that can be a real challenge if you’re not already an expert. Your specialist landlord accountant will not only be aware of the changes as they are announced, they will help interpret and apply the rules, ensuring you and your company are always compliant.
If you have purchased a Buy To Let property and would like more information on the taxes applicable to you as a Landlord, you can read more here in our Tax Guide for Residential Landlords>>>
