I run a business
Get the year-end accounts done, hand over regular bookkeeping, or arrange VAT and payroll support around the work you already do.
Business accounting support
Gondal Accountancy · Serving Acocks Green, B27
Accountants in Acocks Green
Your business accounts. Your rental income.
A clear plan for both.
Fixed-fee accounting for small businesses, sole traders and landlords. Get help organising your records, preparing tax returns and understanding what needs to happen next.
Serving Acocks Green from our Birmingham office. Online support and meetings by arrangement.
Fixed fees agreed first
A quotation that explains the work included.
One return or ongoing help
Choose the services you need now.
Online or in person
Secure record sharing and meetings by arrangement.
What would you like help with?
Start with your main concern. We can bring related services together where you need them.
I receive rental income
Check how to report your rent, review property costs and finance records, and find out whether Making Tax Digital applies.
Landlord tax supportNeed help with a personal return? Go straight to Self Assessment.
Small business accountants serving Acocks Green
Running a business means finding time for records as well as customers. We help sole traders and small companies organise the information needed for accounts, tax and regular reporting.
You may want to keep issuing invoices yourself and hand over bank reconciliation. You may need accounts prepared from completed books, or help catching up first. We look at your current setup before recommending the work.
If you trade through a limited company, we can agree annual accounts and Corporation Tax support alongside any VAT, payroll or bookkeeping you need.
A useful first conversation
- What type of business do you run, and how do you receive payments?
- Which records or software do you already use?
- Are your accounts and returns up to date?
- Which jobs would you like us to take over?
Landlord tax returns in Acocks Green
One rental property can still mean several questions: what needs reporting, which costs qualify and how borrowing affects the calculation. We review your rental records and ownership details before preparing the work you need.
Whether you manage the property yourself or use a letting agent, keep the underlying statements and invoices. A bank payment alone may not explain the rent collected or the fees deducted.
Discuss your rental accountsRent and ownership
Bring rent schedules and agent statements, and explain how the property is owned. Joint ownership and changes during the year need to be considered.
Property costs
Keep invoices for repairs, insurance and other costs. Repairs and improvements can receive different tax treatment, so tell us what the work involved.
Finance costs
Mortgage capital repayments are not a rental expense. For individual residential landlords, qualifying finance costs generally receive restricted basic-rate tax relief instead of reducing rental profit.
Does rental income always mean a tax return?
Not automatically. Reporting depends on your income and circumstances. HMRC distinguishes between contacting them about rental income and filing Self Assessment. We can check the correct route, including where you already submit a return for another reason.
Check HMRC guidance on reporting rental incomeBusiness income and rent?
Keep the records for each activity identifiable, then bring them together for your personal tax return. Tell us about employment, dividends and other relevant income too.
Self Assessment without the last-minute search for paperwork
We help you identify the records needed, review relevant expenses and allowances, and prepare your tax calculation. You can ask about a single return without taking on a wider business accounting service.
Before submission, we explain the figures for your approval. If a return is overdue or HMRC has written to you, share the letter and deadline when you first contact us so we can discuss the next step.
Arrange tax return supportMaking Tax Digital: check income before profit
MTD for Income Tax generally considers qualifying gross income from property and self-employment combined, before expenses. The relevant tax year, threshold and any exemption determine when you need to join.
Check your MTD requirementsThree things to get clear
- 1. Does it apply to you?
- Review the relevant income figures and circumstances. A small rental profit alone does not settle your MTD position.
- 2. How will you keep records?
- Review your current process and compatible software before buying a new subscription.
- 3. Who will handle reporting?
- Agree the work for digital bookkeeping, quarterly updates and the annual return. MTD for VAT is separate.
Accountancy services for Acocks Green
Choose help with a specific task or an agreed combination of services. We explain what is included, what you need to supply and the cost.
Discuss the right supportSelf Assessment
Tax returns for sole traders, landlords and individuals with income to report.
Personal tax returnsBookkeeping
Regular bookkeeping or catch-up work, with bank transactions and supporting records brought together.
Bookkeeping servicesLimited company accounts
Annual accounts and Corporation Tax support, with the reporting work clearly agreed.
Company accountingPayroll and PAYE
Payslips, calculations and payroll reporting for businesses with employees.
Payroll servicesLandlord accounting
Rental accounts and tax support based on your income, expenses and ownership arrangements.
Landlord servicesAlready using accounting software?
Tell us what you use and which tasks you manage yourself. We can discuss working with your existing records.
Know what you are handing over
A clear quote starts with the work. Tell us the services you need, the state of your records and any approaching deadlines. We can then set out the scope, fee and information required.
If you are changing accountants, we can plan the handover and, with your permission, contact your current accountant for professional clearance and relevant records.
Before your first conversation
- Note the accounts or tax years you need help with.
- Check which records you have available.
- Keep any HMRC letters or deadline notices to hand.
- Decide which tasks you want to continue doing yourself.
Your business and landlord tax questions
Our office is on Stratford Road in Birmingham. We serve Acocks Green clients online, by phone and through office meetings by arrangement. Contact us before visiting or bringing records in.
Not simply because you own one rental property or exceed the property allowance. Reporting depends on the amounts involved and your circumstances. HMRC distinguishes between contacting them about rental income and reporting it through Self Assessment. We can check the appropriate route for you.
Mortgage capital repayments are not a rental expense. For individuals letting residential property, relief for qualifying finance costs is generally given through a restricted basic-rate tax reduction rather than a deduction from rental profit. Companies and other arrangements need separate consideration.
MTD for Income Tax generally looks at qualifying gross income from self-employment and property combined, before expenses. Your start date depends on the relevant tax year and threshold, and exemptions may apply. We can check your position.
Yes. We can bring the relevant income together for your personal Self Assessment return while keeping the business and rental records appropriately separate. Tell us about employment, dividends or other income as well.
Yes. Tell us which periods are outstanding, what records are available and whether a filing deadline is approaching. We review the work before agreeing a fee and timescale.
We quote a fixed fee for an agreed scope after discussing your needs. The cost depends on the services, transaction levels, condition of your records and any catch-up work. Payroll also depends on employee numbers and pay frequency.
We can discuss the handover and outstanding deadlines before you decide. Once instructed and with your permission, we can request professional clearance and relevant records from your current accountant.
Serving Acocks Green and neighbouring areas
Our office is on Stratford Road in Birmingham. You can share records securely online, speak to us by phone or arrange an office meeting. Contact us before visiting so we can make time for your questions.
Gondal Accountancy
Let’s get your accounts moving
Tell us about your business, rental income or tax return. We will explain the work needed and provide a fixed-fee quotation for the support you choose.