Landlord Accountants in Birmingham
Property tax return, rental income, buy-to-let bookkeeping, allowable expenses and Making Tax Digital support for landlords and property owners.
Keep your rental records, expenses and tax return organised
We help landlords manage rental income, allowable expenses, property records, tax return figures and digital bookkeeping.
Track rent received, property expenses, repairs and mortgage interest figures.
Prepare property income figures for Self Assessment tax returns.
Digital records and quarterly update preparation for eligible landlords.
Property income records, rent received and tax return figures.
Support reviewing repairs, management costs and other property expenses.
Digital records for rental property transactions and bank activity.
Making Tax Digital preparation for eligible landlords.
Property Tax and Accounting Support for Landlords
Gondal Accountancy helps landlords and property owners in Birmingham and across the UK manage rental income, property expenses, bookkeeping, Self Assessment tax return figures and digital records. Whether you own one buy-to-let property or a growing portfolio, we can help keep your property finances organised.
Landlord Accounting Services
Practical support for rental income records, tax returns, property expenses and digital bookkeeping.
Rental Income Tax Returns
Preparation of property income figures for Self Assessment tax returns for individual landlords.
Buy-to-Let Bookkeeping
Support organising rent received, property expenses, repairs, agent fees, mortgage interest and bank records.
Allowable Expense Review
Help reviewing property expenses and separating repairs, running costs and capital items correctly.
MTD for Landlords
Guidance on Making Tax Digital, compatible software, digital record-keeping and quarterly updates.
Rental Income and Allowable Expense Support
Rental property records should clearly show rent received, property costs, repairs, letting agent charges, mortgage interest figures, insurance, service charges and any other supporting documents.
We help you organise these records so your rental income figures are ready for tax return preparation and future digital reporting.
Property Allowance
The first £1,000 of property rental income can be tax-free under the property allowance, depending on circumstances.
Self Assessment
Landlords may need to report rental income on a Self Assessment tax return where income exceeds HMRC limits.
Repairs and Maintenance
Allowable expenses can include maintenance and repairs, but not capital improvements.
MTD Support for Landlords
Making Tax Digital for Income Tax is being introduced for eligible landlords. If it applies, you will need to keep digital records using compatible software and send quarterly updates to HMRC.
We can help you check whether MTD applies, choose suitable software and prepare your property records for digital reporting.
From 6 April 2026
MTD applies where qualifying income for 2024/25 is over £50,000.
From 6 April 2027
MTD applies where qualifying income for 2025/26 is over £30,000.
From 6 April 2028
MTD applies where qualifying income for 2026/27 is over £20,000.
Accounting for Buy-to-Let Landlords
Buy-to-let landlords often need support with rent records, letting agent statements, repairs, service charges, mortgage interest, insurance and tax return preparation.
- Rental income and property expense records.
- Letting agent statement review.
- Repairs, maintenance and capital cost separation.
- Mortgage interest and finance cost information.
- Property income figures for Self Assessment.
Why Choose Gondal Accountancy?
- Support for individual landlords and property owners.
- Rental income and allowable expense review.
- Property bookkeeping and digital record support.
- Self Assessment tax return preparation support.
- MTD preparation and compatible software guidance.
- Clear support for one property or a growing portfolio.
Property Accounting Support That Gives Landlords More Control
Organised records make it easier to understand rental profit, tax and cash flow.
Clear rental records
Keep property income, expenses and supporting documents organised throughout the year.
Tax-ready figures
Prepare accurate property income figures for your Self Assessment tax return.
Better property insight
Understand rental profit, property costs and cash flow more clearly.
Our Landlord Accounting Process
A simple process for organising your property records and preparing tax-ready rental figures.
- We discuss your rental properties, ownership structure, income, expenses and tax return requirements.
- You send rental income records, letting agent statements, mortgage interest details, invoices, receipts and bank records.
- We review your property records and identify missing information or expense treatment queries.
- We prepare rental income figures and explain the tax return position clearly.
- After your approval, we support the relevant Self Assessment tax return figures and confirm payment information.
- We help you prepare for future digital record-keeping and Making Tax Digital where applicable.
Need Help With Rental Income or Property Tax Returns?
Speak to Gondal Accountancy about landlord tax returns, buy-to-let bookkeeping, allowable expenses, property records and MTD preparation.
Landlord Accountants FAQs
Common questions about rental income, property expenses, Self Assessment and MTD.
Landlords may need to complete a Self Assessment tax return if rental income exceeds HMRC reporting limits. HMRC states you must usually report it on a tax return if it is more than £2,500 after allowable expenses or £10,000 before allowable expenses.
The first £1,000 of property rental income can be tax-free under the property allowance. Whether it is beneficial to use the allowance depends on your income and expenses.
Landlords should keep records of rent received, letting agent statements, expenses, repairs, mortgage interest, insurance, service charges, invoices, receipts and bank transactions.
Allowable expenses can include costs such as maintenance and repairs, letting agent fees, insurance, service charges and other costs incurred wholly and exclusively for renting the property. Capital improvements are treated differently.
Yes. We can help landlords with regular or catch-up bookkeeping, including rental income, expenses, bank reconciliation, letting agent statements and digital records.
Making Tax Digital for Income Tax requires eligible landlords to keep digital records using compatible software and send quarterly updates to HMRC.
MTD for Income Tax applies from 6 April 2026 for qualifying income over £50,000, from 6 April 2027 for qualifying income over £30,000 and from 6 April 2028 for qualifying income over £20,000.
Yes. Qualifying income for MTD can include income from self-employment and property. If you have both, they may be combined when checking whether MTD applies.
Yes. Gondal Accountancy supports landlords in Birmingham and across the UK with property tax returns, bookkeeping, allowable expenses, rental income records and MTD preparation.
Business Sectors We Support