Landlords

Capital Gains Tax Experts
A family business just like yours but we know all about tax

The professional and experienced accountants at Child & Child Accountants offer a wide range of income tax and capital gains tax planning ideas at competitive prices. We are very experienced in advising property owners, we have been doing it for over forty years.
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Complete tax planning

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. 

We also offer tax planning services to individuals, sole traders, companies and partnership firms in Monmouthshire, Gwent and London.

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.
Tax planning

Our landlord accounting specialists will help with:

mortgage
House
  • Informing HMRC that you have rental income/a capital gain on disposal 
  • Claiming the correct amount of mortgage interest and other finance charges against rental income
  • The treatment of rental losses
  • Understanding capital improvement
  • What is a capital improvement vs what is a repair and why is this important?
  • The treatment of rental losses – what income can you set these off?
  • Renting out space in your home via Airbnb – how much of my home’s overheads can I claim?
  • Renting out a room at home – which will save you more rent a room annual allowance or actual expenses?
  • Furnished Holiday Let rules and consequences
  • Should a property be owned by individual/s, or by a limited company?
  • Capital Gains Tax planning -should a property’s title be held jointly between spouses/civil partners?
  • Income Tax planning -should a property’s income be declared jointly between spouses/civil partners, form 107 might be needed?
  • Detailed capital gains tax planning prior to a disposal – main residence election, lettings relief, roll-over relief, holdover relief, personal allowances and spouse’s tax bands plus more!
I have been using Rachel to assist and advise me on my tax returns for my business as well as for myself for over 10 years now. 

I have always been very pleased with the competence, the dedication and the responsiveness of Rachel when I needed her assistance.

I thoroughly recommend Rachel to anybody looking for a highly personalised yet fairly priced services.

--Alex Galli, SW8 Heating and Plumbing
For landlord accounting services, send us an email or call us on
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