Landlords

Being a landlord comes with a range of responsibilities beyond just managing tenants—keeping up with health and safety standards, energy performance regulations, deposit controls, and financial compliance can feel overwhelming. At Veritas, we’re here to lighten the load, taking on the financial side so you can focus on what matters most.

We offer tailored accounting and tax services for landlords with residential, commercial, and holiday let properties. Whether you’re new to property investment or managing a portfolio, our team helps you make informed decisions to enhance profitability while staying fully compliant with the latest regulations.

From identifying property-specific tax reliefs to managing record-keeping requirements, our experienced team is here to guide you through every financial aspect of property ownership. Our goal is to simplify compliance, optimise your tax position, and give you peace of mind.

Our experienced advisors will guide you through every step of managing your rental property finances, ensuring your tax affairs are managed effectively:

HMRC Registration: For new landlords, we can complete the necessary paperwork to register with HMRC.

Tax Compliance: We help you meet tax deadlines by preparing accurate property accounts and filing your tax return with HMRC.

Tax Reliefs: Maximise your deductions with expert advice on allowable expenses, capital allowances, and reliefs such as Replacement of Domestic Items Relief and Rent-a-Room Relief for residential properties.

Interest Relief and Loan Restrictions: For landlords with loans on residential or commercial properties, we provide guidance on the correct handling of interest relief, helping you maximise any allowable interest expenses.

Cash Basis or Accruals Basis: Property income calculations can use either the cash or accruals (invoice) basis, depending on gross income level and preference. Our team advises on the best approach for your property business and ensures any necessary adjustments are accurately managed.

Property Sales: When selling UK residential property, landlords must report chargeable gains within 60 days of completion using HMRC’s online service. Our team of experts can guide you through these requirements, accurately preparing your Capital Gains Tax (CGT) calculations, handling any submissions and informing you of any payments due.

• Specialist Expertise: As a firm of Chartered Tax Advisers, we offer high quality tax compliance and advisory services, based on an in-depth knowledge of tax legislation.

• Proactive Tax Savings: Many individuals overpay taxes due to missed allowances and deductions. We focus on finding savings opportunities, so you can keep more of what you earn.

• Transparent Pricing: Receive a tailored quote with no hidden fees, so you only pay for the services you need.

If you’re looking for reliable expertise with a down-to-earth approach, we’re here for you. Let’s start with a conversation—contact us today to discuss how we can help you achieve your goals.