Rental accounts for UK landlords
Rental income and expenses recorded through the year, so your tax return reports the right profit and every allowable cost is claimed.
What's included
Income by property
Rent received matched to each property and tenancy, so gaps and arrears are easy to see.
Expense categorisation
Repairs, letting agent fees, insurance, service charges and other costs sorted into the categories the tax return uses.
Repairs versus improvements
The difference matters for tax. We flag items that look like capital improvements rather than allowable repairs.
Finance costs
Mortgage interest treated correctly for the type of property and the way you own it.
Joint ownership
Income and costs split between owners as ownership requires, with figures ready for each person's return.
Figures for your return
A property income summary ready for Self Assessment, or we file the return for you.
Who this is for
Individual landlords
One property or several, held in your own name.
Joint owners
Couples and family members who share rental income.
Landlords with other income
Employment, self-employment or dividends alongside rent.
What we need from you
Send what you have. If anything is missing, we tell you exactly what to send.
- A list of your properties and who owns each one
- Rent received: bank statements or letting agent statements
- Invoices and receipts for repairs, insurance and other costs
- Mortgage interest statements
- Your letting agent's annual summary, if you use one
Common questions
Straight answers to what clients usually ask about this service.
Can I claim for repairs and improvements?
Repairs that keep a property in its current condition are generally deductible against rental income. Improvements that add to the property are usually capital costs and are treated differently. We review each larger item and tell you how it falls.
What if my properties are held in a limited company?
Then the company files its own accounts and Corporation Tax return instead of you reporting that income on Self Assessment. We cover both routes, so tell us how the property is held and we will set it up the right way.
How often should rental records be updated?
Monthly or quarterly works for most landlords. Regular updates mean the year-end return is a matter of checking figures, not rebuilding them.
Need help with Rental accounts?
Tell us about your situation and we will reply within one business day with a clear quote, or the questions we need answered first.