19 Mar

Landlords Tax Tips 1

Landlords Tax Tips 1

In this series of articles we look at the implications for buy to let landlords

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PGA Self Assessment can assist private landlords and buy to let landlords, this article is the first in the series.

If you choose not to use an accountant for your personal tax returns, you will maybe miss out on the allowances and reliefs that are available to offset against your different sources of income. Suppose you are a buy to let landlord and are subject to tax on the profits from your property income. At PGA we have the knowledge to ensure that your tax is kept to the legal possible minimum. Our accountants will claim the 10% wear and tear allowance that when missed costs many buy to let landlord’s unnecessary tax. Is this something that you claim for your furnished lettings? If not give us a call and we can claim this allowance on your behalf and backdate the claim for any years that you have missed.


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