Property Landlords
The right advice at a right time is vital for the property dealer, whether you are a professional buy to let landlord, buyer or seller of a commercial or residential property or you run a rental business. Suitable understanding of tax regulation and proactive tax planning protects you from paying extra tax.
Our specialist property accountants have worked with companies, entrepreneurs, individuals, trusts and organisations in the commercial and residential property sectors for many years. If you require a qualified accountant with a wealth of in-depth knowledge and expertise in the property sector, then Siddiqui & Co are here to assist you.
Our property accountants have specialist skills in advising businesses and individuals and can deliver commercial and practical solutions to aid their growth.
We can advise and assist you on:
Structuring the Deal and Advice – our property accountants regularly provide advice on property assets and structuring property investments. We will provide you with advice on the most effective way of financing a project and which methods are tax-efficient and make the most commercial sense. We regularly advise a wide range of companies and investors, including buy-to-let investors and companies in the Private Rented Sector (PRS) and Build to Rent (BTR) sectors. For smaller investors, we regularly advise on whether it is more tax-efficient to set up a limited company to hold investment properties or to hold them personally.
VAT and Property Related Tax Advice – our property accountants have a wealth of experience and knowledge in all aspects of planning, maximising tax recovery and dispute resolution.
Private residence relief and Lettings relief – If you let out a property that was once your only or main residence, Private Residence Relief (PRR) and Lettings Relief is available on the sale of the property, however, these are being dramatically reduced from 6 April.
Both these reliefs can be very generous and can have a huge impact on your tax liability. We can advise on how these could impact you.
Sale and Leaseback Agreements – sale and leaseback agreements mean that you can release cash that is tied up in your assets. Talking to a property accountant can help you to better understand the process and why it might be beneficial for you.
Tax Mitigation – if you wish to invest in, sell or let a property, speak to a Siddiqui & Co property accountant. We can advise on the tax implications and planning measures that should be put in place.
