Any individual who receives income from letting a property is legally obligated to declare this to the HM Revenue & Customs, even if they do not make a profit. From income tax planning to detailed capital gains tax planning, at Child & Child Accountants, we ensure that you are fully compliant with all the landlord tax regulations, making sure that you only pay the tax that is due.
There have been many changes in the taxation of second property owners in the last few years and we are specialists in this – do you know all the rules? We have non-resident clients with UK rental income so please let us know if we can help with this.