​Landlords
As chartered tax advisers and qualified accountants, with decades of expertise, we help small businesses & companies and individuals navigate UK tax and accounting with confidence. Our independant, friendly and regulated firm provides clear and practical advice you can trust.
Accounting and tax advice service for landlords
Landlords operate in a complex sector and dealing with multiple changes in legislation. Tax planning is critical when it comes to minimising your tax liability. Our qualified accountants will help you keep on the right side of HMRC when it comes to tax and legislation compliance. Some issues to be aware of include:
Record keeping & accrual vs. cash basis
Landlords must maintain accurate and up-to-date records of rental income and expenses (and from Apr 2026 MTD will apply) and decide between accrual and cash basis accounting.
Allowable expenses & mortgage interest relief
Certain expenses are deductible e.g. maintenance and repairs, insurance, property management fees etc. Depreciation is not allowed but capital allowances may be available. Care is also required with regards to capital items and interest is available as a tax reducer at 20%.
Capital gains tax (CGT): When landlords sell a property, CGT may be due. The rate will depend on personal circumstances and reliefs may be available e.g. private residence relief, lettings relief, loss relief etc.
Stamp duty & VAT
SDLT is payable on purchases and rates vary depending on the value and whether there are other properties. Residential rental income is generally exempt from VAT, but landlords must be aware of VAT implications.
Making tax digital (MTD)
Landlords with annual rental income over £30,000 must comply with MTD requirements. This involves maintaining digital records and submitting quarterly updates to HMRC using compatible software.
Non-resident landlord scheme (NRLS)
Non-resident landlords are subject to NRLS, where letting agents or tenants deduct basic rate tax from the rental income before paying it to the landlord unless an exemption is granted by HMRC.
"The team at Boxwood have managed my personal tax return preparation and filing since 2016 and I have found them really helpful and approachable. They are always available to answer any questions and I would have no hesitation is recommending them."
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Hans-Werner at
Deutsche-Hypo Bank
We offer a completely complimentary initial consultation. Give us a call today and get the answers to any questions you may have?
A dedicated and tailored service for landlords
Whether you are about to buy your first property or already have a thriving property portfolio, our expert team can help with all of your accounting and tax compliance requirements.
Our team can provide you with clear and expert support in preparing and filing you property tax. We can look after the bookkeeping, quarterly returns under MTD and the year-end returns – providing clear advice along the way as required.
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Regardless of whether you have a portfolio of rental properties or just a second home that you occasionally rent out, we can help. Using our experienced team will give you the confidence and peace of mind that everything is in good order. We can assist with and advise on:
Making tax digital;
Monthly bookkeeping;
Software requirements;
Residential property rental;
Property disposals and CGT;
Holiday lets and Airbnb etc;
Second home elections;
Abolition of the FHL regime;
Rent-a-room relief;
Non-resident landlords.​
Clear, expert and affordable accounting and tax services for small businesses & companies and individuals
WHAT OUR CLIENTS SAY
"Boxwood have been our accountants for a number of years and provide us with advice and support. We have always found the team helpful and professional. They are always available to chat through any questions we may have and we no longer worry about getting our tax filed on time."
John at Bentley Consultancy Services Ltd
​"The team at Boxwood have managed my personal tax return preparation and filing since 2016 and I have found them really helpful and approachable. They are always available to answer any questions and I would have no hesitation is recommending them."
Hans-Werner at
Deutsche-Hypo Bank
"The team at Boxwood have been our accountants since 2014 and have always been helpful and proactive. They help us with our VAT, payroll and year-end filings. They always remind us when there is an approaching deadline and we no longer have to worry about our accounting and tax."
Karen at Chomp
Creative Ltd
Why choose us?
Keeping on top of your accounting and complying with tax legislation can be overwhelming. Partnering with the right accountants and tax advisers will make a real difference; saving time, money and worry and allowing you to focus on growing your business with peace of mind.
Fully regulated Chartered Tax Advisers & Accountants
Low cost
fixed fees and absolutely no hidden costs
Completely complimentary
initial
consultation
Single point of contact to ensure the highest
level of service
18 years advising small businesses & individuals with
almost a 1,000
happy clients