Property Accountants
Property tax and accounting can be a complex subject, and that is why working with a specialist can help you to ensure you minimise tax and stay compliant.
What is property accounting?
As a property investor, you might hold assets personally, through a limited liability partnership (LLP), a general partnership, or using a limited company structure. You could be holding these properties for long-term investment to generate rental income, or for short-term trading purposes. Whether you are constructing or renovating properties for quick resale, or retaining them for stable investment, we can alleviate the stress associated with the accounting and tax requirements.
Properties are subject to various forms of taxation. You may need to consider the implications of Capital Gains Tax (CGT), Inheritance Tax (IHT), Income Tax, Corporation Tax, and/or VAT.
Why use Smooth Accounting for your property business?
Landlords have recently experienced several significant tax policy changes, with the government progressively cutting tax allowances available to property owners, alongside introducing higher stamp duty costs. This environment makes it crucial that you take immediate action to guarantee you are not incurring excessive tax liabilities.
We currently represent numerous landlords and property investment firms, giving us extensive experience in handling all varieties of property accounting issues. Any matters requiring an extremely specialist knowledge base are managed by Chartered Tax Advisors, professionals with whom we collaborate closely to ensure you receive the highest possible level of service.
Why choose us for your business bookkeeping services?
We're approachable — we understand that accounting can be intimidating and daunting, but our friendly team are always on hand to offer advice and peace of mind.
We're experienced — with many years of general practice experience, there's no query we can't handle.
We're cost effective — not only can we save you money, but we also believe in offering an excellent service at an excellent price.
Give yourself more time to spend on your business by letting us handle your bookkeeping efficiently and cost-effectively.
