Are you looking for Accountants for a Buy to Let Limited Company to help you maximise profitability from your rental property portfolio?
As a firm of Chartered Certified Accountants, we deal with numerous clients who own properties both personally and through Buy to Let Limited Companies (SPV Companies) and we specialise in providing our services to landlords as Accountants for a Buy to Let Limited Company.
We understand that your time is money and that’s why we offer a streamlined service specifically designed for landlords to keep on top of their accounting and tax. Because every portfolio is different, there are no one-size-fits-all strategies for keeping your buy-to-let income as healthy as possible. But with the right knowledge and advice, you can certainly do it!
Why use the services of Accountants for a Buy to Let Limited company?
Using accountants for a Buy to Let Limited company has big benefits. Purchasing and managing your property through a limited company brings with it the responsibilities of being a company Director which includes producing accounts and submitting returns to Companies House and HMRC.
Retaining a specialist buy-to-let accountant experienced in handling buy-to-let businesses can ensure that you get the right advice from the outset and take this admin off your plate.
Accountants for Buy to Let Limited Company – What can we offer?
Our all-inclusive accountancy service has everything you need to manage your buy-to-let finances and ensure you remain compliant with your tax obligations.
As specialist accountants for a buy-to-let limited company, we can offer the following services:
- – Free Incorporation
- – Start-up advice
- – Assistance with setting up a business bank account
- – Prepare & submit your Year End Statutory Accounts
- – Prepare & submit your Company Tax Return
- – Annual Confirmation Statement filing
- – Directors Self Assessment Tax Returns
- – Monthly Payroll, if required
- – Free tax planning advice
- – Comprehensive annual tax review
Running a property business using a buy-to-let limited company can seem complicated and we understand this – this is why we ensure you get the accountancy support you need. Along with other payments and financial implications, there is a lot of time and effort that goes into being a landlord, which is why it’s vital to get the right advice.
A buy-to-let limited company is a separate legal entity. It pays corporation taxes on its profits. The current corporation tax rate is 19%. Comparing the buy-to-let limited company tax rates of 19% against the current income tax rates for individuals of 20%, 40% or 45% is another positive for the limited company option.
However, the retained profits belong to the company. To extract the profits from the buy to let limited company to the individual a salary or a dividend must be declared. Our fixed fee package includes the provision of annual dividend vouchers and declaration of dividends on your self-assessment tax return to ensure you are fully compliant with your reporting obligations to HMRC.
Some clients prefer to reinvest their profits and use them as a deposit for the purchase of the next property from their limited company and if that’s what you prefer to do then there is no personal tax payable as you will not be extracting any dividends from the company.
We are expert buy-to-let accountants for landlords with offices in London, Southend and Leigh-on-Sea and we have clients based nationwide, who we liaise with, via telephone, emails, Zoom calls as well as in person depending upon their preference.
From advising you on whether you’re best buying as an individual or through a Limited Company, to discussing what your responsibilities are as a landlord, and talking through how you could fund your purchase, we’re with you all the way. We have a large volume of successful clients who have used surplus profits & cashflow within their business to set up a BTL company and purchase rental properties and we also have a large client base made up of individuals who have diversified their investments and set up BTL Limited companies to purchase & manage their rental property portfolio.
Sign up for our affordable monthly buy-to-let accounting service and you’ll get all the advice you need plus we’ll tick all the ‘compliance’ boxes for you, producing your accounts, completing your annual Self Assessment return and submitting all returns to both Companies House and HMRC accurately and on time.
Whether you are starting out on your BTL journey or if you are a seasoned BTL investor with a large portfolio, take advantage of unlimited advice from your personal accountant without fear of additional fees – it’s all included as part of the MCL Accountants service as Accountants for a Buy to Let Limited Company.
How can MCL Accountants help?
Contact MCL Accountants on 01702 593 029 if you would like to get a quote for services we can provide as accountants for a buy-to-let limited company or if you need any assistance with the preparation and submission of your business accounts or self-assessment tax returns to HMRC.
- REQUEST A QUOTE
Ishan provides financial management, taxation and transactional advice to business entities of all sizes. His expert areas include statutory compliance, business taxation, personal tax & transactional processing and systems. Industry sectors include professional services, retail, hospitality and entertaining & media and advertising services.