Who's this service for?
UK resident property developers in this country or overseas. Property development includes buying off-plan property to sell not let.
Do I need a tax service?
- If you live in the UK and receive income from developing property here or overseas, you must tell the tax man, even if you do not make a profit.
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
- Tax strategy
- Preparation of financial accounts
- Property business advice
- Tax calculation and tax return completion
- Online filing
Costs
Costs vary from one property business to another, depending on the number of properties in the portfolio, the number of joint owners and complication of your tax affairs.
Typically, we will charge:
- Single developer from £525 + VAT per tax year (April 6 to the following April 5)
- Joint owners: £175 + VAT per tax year per joint owner
See more about online accounting
If you need more advice, feel free to email or call 01766 780165 |