Landlord Accounting
Property income needs clean records if tax time is going to stay manageable. We help landlords track rents, expenses and portfolio results with practical, property focused accounting support.
Who this service is for
- Individual landlords with one or more UK rentals
- Portfolio landlords needing property by property tracking
- Owners preparing figures for self assessment
- Landlords switching from spreadsheets to organised records
Common challenges
- Rents and expenses mixed across personal accounts
- Missing invoices for repairs and finance costs
- Uncertainty about which costs are allowable
- Difficulty preparing figures for self assessment
What is included
- Recording rental income and allowable expenses
- Property level summaries where scoped
- Support with self assessment property pages where engaged
- Practical guidance on record keeping
- Year end packs for tax return preparation
How the process works
- 1.Map your properties and current record keeping
- 2.Agree a bookkeeping or year end only routine
- 3.Maintain or review records through the year
- 4.Prepare tax ready summaries at year end
Documents normally required
- Tenancy agreements and rent statements
- Mortgage interest statements
- Repair and maintenance invoices
- Insurance, ground rent and service charge bills
- Prior property tax return pages
Key deadlines
Property income is usually reported through self assessment. Online filing is generally due by 31 January following the tax year. Confirm current dates on GOV.UK.
For official dates, check GOV.UK.
Benefits
- Clearer property profitability
- Better organised landlord records
- Smoother self assessment preparation
- Practical support for multi property portfolios
Related services
- View Self Assessment servicesSelf assessment tax return preparation for individuals, sole traders, landlords and directors.
- View Bookkeeping servicesOrganised day to day bookkeeping so your records stay up to date and ready for tax and reporting.
- View Business Growth Planning servicesFinancially grounded growth planning for hiring, pricing, investment and expansion decisions.
Frequently asked questions
Discuss landlord accounting with our team
Book a free consultation on Picktime or send an enquiry. We will confirm scope and fees before any engagement begins.