Specialist advice for landlords

Whether an individual or a company, if you rent out property you could be liable to pay tax on the profits. Our Liverpool based Chartered Accountants will provide the proactive, professional advice you need to minimise your tax liability.

An overview of Landlords advice

Becoming a landlord may seem like a great idea thanks to rumours of high rental yields and minimal work… The reality, however, can be very different.

As a commercial or residential landlord you’ll have a lot to consider, particularly around the subject of costs management. Not only will you have to keep income tax and all your landlord-related outgoings in mind, you’ll also need to make sure you’re not paying too much tax. Whilst there are a number of allowances you can deduct, many landlords overlook these or even subtract the wrong costs resulting in expensive errors.

Why choose Phil Owen & Co.?

Under UK law any individual or company renting out all or part of a property may be liable to pay income tax on the profits. To minimise that liability, however, our team of tax specialists will advise as to the allowances that you could deduct to lessen your tax bill such as…

  • Council tax
  • Mortgage interest
  • Ground rents
  • Cleaning and decorating costs
  • Accountants’ fees

Overlooking a possible deduction or deducting the wrong thing could prove to be a costly mistake. With our help, however, you’ll get the most out of your investment and could even begin to build a property portfolio. When you’re ready to take that step we can also advise on ways of raising the necessary capital.

A leading firm of accountants working with landlords throughout Merseyside and Wirral, we’re ideally placed to provide the professional advice and support you deserve. To arrange a free, no obligation consultation get in touch with our friendly team today.

Why use Phil Owen & Co.?

  • A respected firm of chartered accountants, we’re trusted by hundreds of businesses and private individuals throughout Liverpool, Wirral, Cheshire and Lancashire.
  • Thanks to our ICAEW Chartered status, you can rest easy, safe in the knowledge that both your business and personal finances are in capable hands.
  • We’re no ordinary accountant. By getting to know your business and its goals, we’re able to provide proactive, expert advice that adds genuine value to your team.
  • Regardless of their size, following an introductory phone call, all new clients receive a free consultation, either at their premises or at our offices in Liverpool.
  • From sole traders and SMEs to national I.T. and construction businesses, our accountancy services are tailored to suit our clients’ individual requirements.
  • We take pride in the friendliness and approachability of our staff. From the moment you first make contact, we’ll treat you as we’d like to be treated ourselves.

Dont just take our word for it...

We're trusted by organisations and individuals throughout the UK

Need specialist advice for landlords?

To find out how Phil Owen & Co. could support your business, why not get in touch? A member of our team will be only too happy to help.

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