Income received from the letting of any property, be it residential or commercial, requires the preparation of rental accounts to determine the profit subject to tax.
There are specific rules relating to the calculation of rental profits. Our team of professionals can help in preparing accurate accounts, while maximising any reliefs available to reduce tax bills.
As part of our firm objective of providing an integrated service to our clients we also assist in ensuring any legal and compliance responsibilities as a landlord are met including considering any impacts under other tax heads such as VAT.