If you’re renting out your UK property as a landlord, you need to let the relevant authorities know about the rent income you’re raking in along with how much you’ve spent on the property to earn that income.
This is to be diligently done each year by completing an HMRC self assessment tax return, which needs to be submitted no later than January 31 after the tax year ends.
Use our simply and user-friendly software to submit your tax return yourself online for just £11.99. However, if you need assistance how your tax return to file, our in-depth assisted tax filing service is just a few clicks away.
On this tax return, you must clearly state all your respective sources of income for each year, such as your day job.
When filing your landlord tax return, you can claim a number of expenses such as legal fees, estate agent fees, advertising, gardening and cleaning, mortgage interest, etc. These expenses can help cut down profit you’ve acquired through rental properties.
Our qualified accountants provide services to landlords all over the nation, including those who live abroad, so that they can stay in HMRC’s good books. Through our easy-to-use and straightforward software, you can submit tax return yourselves, without getting outside help from an accountant or having any prior accountancy knowledge.