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Why is FinBridge Advisors the Ideal Partner for Landlords?
A blend of industry-specific expertise and innovative solutions designed to elevate your rental business
Personalised tax support
Navigate the unique tax challenges of property ownership with customised strategies. Our experienced tax advisors focus on maximising your rental income while ensuring full compliance with HMRC regulations.
Streamlined bookkeeping
Simplify financial management with automation for rental income, expenses, and mortgage interest. Save time and reduce errors, allowing you to focus on growing your property portfolio with a property accountant.
Comprehensive tax filing
From Income Tax to Capital Gains Tax, we ensure your property-related tax returns are accurate and filed on time. Stay compliant with HMRC and avoid costly penalties, all while maximising your allowable deductions.
Year-round planning and optimisation
Use our data-driven approach to monitor your property investments. Our small company accountant will analyze your financial data to find tax-saving opportunities and plan future investments, keeping your portfolio profitable.
Timely tax reminders
Never miss a tax deadline with our automated reminders tailored to landlords. Prevent late fees and compliance issues with timely notifications, so you can focus on what matters most—managing your properties.
Regular reviews
Receive regular reviews of your property finances from experienced accountants for landlords. This proactive approach helps maintain tax efficiency and allows you to identify potential risks and opportunities early on.
How We Help Non-Resident Landlords
Understanding the Non-Resident Landlord Scheme (NRL)
The Non-Resident Landlord (NRL) Scheme applies to landlords who live outside the UK but still own property within the country. Under this scheme, rental income received by non-resident landlords is subject to UK tax, and landlords must ensure they comply with HMRC regulations.
Tax Relief and Deductions for Non-Resident Landlords
Non-resident landlords are eligible for many of the same tax deductions as UK-based landlords, such as mortgage interest, property maintenance, insurance, and management fees. However, non-resident landlords may also be entitled to specific tax reliefs and exemptions that apply uniquely to those living abroad.
Managing Taxes Across Borders
For non-resident landlords, managing taxes in multiple jurisdictions can be complex. UK tax obligations may be intertwined with tax laws in your home country, and it is important to avoid double taxation. FinBridge Advisors helps non-resident landlords assess their tax liabilities in both the UK and their country of residence, ensuring compliance with both sets of tax regulations.
Making Tax Digital (MTD) Compliance
The UK government is increasingly moving towards digital tax reporting through the Making Tax Digital (MTD) initiative. Under MTD, landlords with an income above the VAT threshold must keep digital records and submit tax returns online. This applies to non-resident landlords as well, and staying compliant is essential to avoid penalties.
Expert Advice for Non-Resident Landlords
As a non-resident landlord, you may also face additional challenges when it comes to transferring funds, converting currency, or understanding how the UK tax system interacts with your home country’s laws. Our property accountants offer expert advice and strategic planning to help you manage your property portfolio effectively.
Our property accountant guides you on structuring your property ownership to minimise taxes and optimise returns, whether you're considering setting up a UK-based company to hold your property or using personal ownership structures.
At FinBridge Advisors, our accountants for landlords ensure that non-resident landlords have the support they need to manage their UK property investments efficiently, comply with tax laws, and maximise profitability.
Discover how easy tax compliance can be. Try us today
Here’s what our clients love about us / Here’s the difference FinBridge has made / Hear from our clients
Highly recommend Finbrige Advisors for Self Assessment Help in the UK!
As someone new to filing a Self Assessment tax return in the UK, I was feeling overwhelmed and unsure of the process. Thankfully, I found Finbrige Advisors Limited. Their team was incredibly... read more
Deepak
My circumstances were time-constrained so they endeavoured to push through the work very quickly, working weekends to get this done. I was a little concerned about how all the reviews seemed too overly positive given the lower price point, but honestly, they nailed it. I'll 100% be using them again in the near future. Outstanding work gentlemen.
William Neep
I needed an accountant for my limited liability company for the first time. Finbridge Advisors Limited and its team have done a really great job filling for the business, corporation tax and tax returns (business and personal). The team are always available to help. Thank you Frinbridge for your services.
Melzah Company Limited
I found the best accountants at Finbridge Advisors. We collaborated very easily, they took care of all my documentation very quickly and the result was brilliant.
They also submitted all the documentation with HMRC and sent me an email with all the confirmations received... read more
Mariana
Finbridge advisors have been extremely helpful to me for providing guidance, advisory and support to interpret and understand the UK taxation and best options to do tax planning.
The best part of their consulting was that the time was available... read more
Priya Sarda
Outstanding throughout with communication while navigating my financial affairs and tax return for my business. I’d highly recommend FINBRIDGE Advisors Limited when handling finances.
Alicia Calascione
A friendly group of professionals. Especially communication and response time is excellent.
Thomas
Finbridge went above and beyond for my business. After 3 years of a bad accountant and running up debts of thousands through no fault of my own.
Finbridge calmly helped me back on track, and clear the debt with HMRC The biggest compliment I can give... read more
Robert Thomas
I connected with Finbridge through my Friend for my Tax returns and right from the first meet till the Tax refund to my account their services were excellent. Infact i could say that they made things possible which i thought not possible at all. So professional in their work and ready to answer any queries we have... read more
Amarnath
I know nothing about tax, apart from if I don't pay it, I get in trouble! I know even less about CGT, especially as mine had some complexities to it.
FinBridge Advisors were recommended to be by a colleague who was also in the same situation, knowing little... read more
Luke M
FinBridge supported on my EIS tax claim. For a reasonable fee they sorted my tax return for two financial years, answered a fair number if my questions and we're patient as I went through the process if collating and sharing the various documents required to put my tax return together accurately... read more
Ben Williamson
Join us now. It’s easy!
Three simple steps to end tax-related stress / We’ll have you onboard in three little steps
1
Get a quote/ Discover your price/See how much you’ll save
Fill out a few details and we’ll tell you what you will be paying
2
Register yourself
It doesn’t take long but helps us serve you better
Meet your accountant
We’ll set everything up and assign you an accountant
Switching Accountants? No Problem.
Transitioning accountants doesn’t have to be disruptive.
Our team ensures the seamless transfer of your financial records. From data migration to HMRC liaison, we streamline the entire process so that you can focus on growing your rental business.
Customise services to your needs
Pay for what you need.
Our core packages cover essential accounting services with the option to add on. You can add services like bookkeeping, VAT, and payroll, only if you need them.
Set up your Rental Business with confidence
If you have questions about setting up your rental business, we can assign an expert to guide you through the process ensuring all best practices are observed.
FAQ
What tax obligations do landlords in the UK need to be aware of?
Landlords in the UK are required to report rental income and pay income tax on any profits they make. Additionally, they may need to consider Capital Gains Tax (CGT) if they sell a rental property and the Annual Tax on Enveloped Dwellings (ATED) if the property is held by a company. Accountants for landlords, such as FinBridge Advisors, can help navigate these obligations and ensure compliance with all HMRC requirements.
How can FinBridge Advisors help landlords maximise their tax efficiency?
We specialise in helping landlords identify allowable expenses and deductions that can lower taxable income, such as property repairs, mortgage interest, and maintenance costs. Our team of property accountants also provides strategic guidance on structuring property ownership to maximise tax efficiency, ensuring you get the most from your investments.
What records should landlords keep for tax purposes?
Landlords should keep accurate records of all rental income and expenses, including receipts, invoices, mortgage statements, and bank records. These records are crucial for accurately calculating taxable income and for providing evidence in case of an HMRC audit. FinBridge Advisors, experienced tax accountants, can assist with record-keeping best practices to make tax season easier and stress-free.
Do I need to pay tax on rental income if I am a non-UK resident landlord?
Yes, non-UK resident landlords are generally required to pay UK tax on rental income. However, specific rules and tax relief options apply under the Non-Resident Landlord (NRL) Scheme. Our team of QuickBooks, Xero and FreeAgent Accountants can help non-resident landlords understand their tax obligations and ensure compliance with UK tax regulations.
How can FinBridge Advisors support landlords with Making Tax Digital (MTD) requirements?
Making Tax Digital (MTD) requires landlords with income over a certain threshold to keep digital records and file returns electronically. We provide MTD-compliant solutions and software, including FreeAgent, to help landlords seamlessly transition to digital record-keeping and meet all HMRC requirements.
How do I transfer ownership of a property to my spouse?
Transferring property ownership to your spouse can be done through a legal process known as a "transfer of equity." This may involve updating the property title with the Land Registry and could have implications for Stamp Duty Land Tax (SDLT) and Capital Gains Tax (CGT), depending on your circumstances. FinBridge Advisors can help you navigate this process and understand the tax implications.
What is Form 17, and when is it used?
Form 17 is used to declare the division of income from a jointly owned property between spouses or civil partners. It is applicable when the income is split differently from the default 50:50 share, such as in cases where ownership proportions differ. Filing Form 17 with HMRC allows landlords to report rental income in line with the actual ownership share. FinBridge Advisors can guide you through completing and submitting this form.
We Love To Hear From You
Please call or email us with your queries and we would be happy to assist you.
