Accountants for first-time landlords
First let, first tax year, first return. Get the setup right now and every January after this one is easy. We handle registrations, records and your first return, and explain everything in plain English as we go.
100%
Property and landlord tax only
SE18
Based in Woolwich, SE London
The mistakes first-time landlords make
Missing the registration deadline, mixing repairs with improvements, forgetting the costs incurred before the first tenant moved in, and assuming a letting agent handles tax. None of them are fatal, and all of them are avoidable with an hour of setup at the start.
Accidental landlords welcome
Plenty of first-time landlords never planned to let: an inherited house, a move for work, a home that would not sell. The tax rules are the same, the learning curve is just steeper, and we flatten it.
Ready to talk it through? Book a free consultation and get a fixed-fee quote with no obligation.
FAQs
Straight answers to the questions we hear most.
Do I need to tell HMRC I have started letting?
Once rental income passes £1,000 in a tax year, yes. Registration for self assessment is due by 5 October after the end of that first tax year, and doing it early avoids penalties and panic.
Can I claim costs from before my first tenant?
Many pre-letting expenses are claimable as if incurred on day one of the letting, provided they would have been allowable then. Keep every receipt from the start.
Is my letting agent handling my tax?
No. Agents collect rent and sometimes deduct costs, but reporting income to HMRC is yours. Their statements are excellent records though, so save every one.
What does a first-year package cost?
A fixed fee covering registration, setup and your first return, agreed in writing before we start.
Story
Your first year, step by step
Register with HMRC for self assessment by 5 October after the end of your first tax year of letting. We do it with you in minutes.
Step 1
Set up simple records: rent in, expenses out, statements saved. Ten minutes a month beats a shoebox in January.
Step 2
First return prepared and filed, with every allowable expense claimed and the £1,000 property allowance checked against actual costs.
Step 3
Plan ahead: joint ownership splits, mortgage structure and what Making Tax Digital will ask of you from April 2026.
Step 4
Recognition followed as we delivered impactful results. Trusted by more clients, our reputation solidified through consistency.
our services
Services most first-timers need
Every engagement starts with a fixed quote agreed up front.
Landlord Tax Returns & Rental Accounts
Self assessment for landlords, prepared from your rental income and expenses, with every allowable cost claimed and Making Tax Digital handled before it becomes a problem.
Capital Gains Tax & 60-Day Reports
Selling a rental or a second home? We plan the disposal, claim the reliefs you are entitled to, and file the 60-day capital gains report before the deadline bites.
Landlord Incorporation & SPV Accounts
Straight answers on whether a limited company saves you tax. If it does, we set up the SPV, handle the transfer questions and run the company accounts year after year.
Let Property Campaign & HMRC Letters
Received a letter about rental income, or behind on declaring it? We prepare voluntary disclosures under HMRC's Let Property Campaign and deal with HMRC for you.
HMO & Multi-Let Accounting
Room-by-room income, licensing costs and higher wear-and-tear make HMO tax different. We keep multi-let accounts clean and the tax position efficient.
Airbnb, Short-Term Let & Serviced Accommodation
Nightly lets are taxed differently from standard rentals, from Rent-a-Room relief to VAT on serviced accommodation. We keep hosts and operators compliant and tax-efficient.
Get started
Ready to sort your property tax?
Book a free consultation and get a plain-English answer on exactly what needs doing, with a fixed fee agreed before any work starts.
