Landlord rental income

If you receive income from renting out a property, you will need to declare this to HMRC.

The tax rules governing landlords are complex. However, with careful planning it may be possible to minimise your exposure to tax, for example by taking advantage of certain allowances and reliefs.

At Branston Adams we work with a number of landlords and property investors throughout the local area.

Whether your property portfolio is large or small, we can ensure that you meet your tax liabilities, as well as advising on a range of other issues relating tax and property.

Some of the areas where we can assist you include:

• Minimising your exposure to capital gains tax
• Minimising the tax due on jointly-owned properties
• Making the most of allowable expenses
• Allowances for equipment
• Rent-a-room relief
• Furnished holiday lettings

… and much more.

There are a number of key issues for landlords and aspiring investors to consider. For further information on how we can assist you, please contact us today.