Who is this service for?
UK resident companies - this means a company listed at Companies House with a UK registered office
Do I need this tax service?
The big question for property people is whether to trade through a company - and the pros and cons have just become more complicated with new measures that have shaken up the tax regime for individuals and companies, making the way to go less clear cut.
- If you run a company that is dormant (not trading) or trading as a property letting or development company, you need to complete accounts and tax returns, whether the company is making a profit or not.
What does your tax service do?
Property Tax Plus can't make your tax go away, but we can work with you to make sure you pay the least possible. Our advisors will review your rental accounts and letting business set-up to ensure you are trading in the most tax-effective way and are claiming all possible expenses, allowances and reliefs.
The service is tailored to your needs - you can have a full book-keeping and tax service, or keep the accounts yourself and send the figures to us or even opt for our online accounts service. We will work with you and look after:
- Book-keeping and VAT
- Payroll
- Tax strategy
- Preparation of financial accounts
- Property business advice
- Tax calculation and tax return completion
- Online filing
Property Tax Plus also runs a company formation service and can advise you on all aspects of incorporating and running a new company.
Costs
Costs vary from one property business to another, depending on the number of properties in the portfolio, the number of people involved in the company and the complication of your tax affairs.
Typically, our charges for a complete corporate accounting service start at £900 + VAT per 12-month accounting period. This service should cover all your company's tax and accounting requirements.
If you need more advice, feel free to email or call 01766 780165
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