Your Buy to Let Property Accountant: Landlord success at property investment & tax! - ESDG Accountancy

Your Buy to Let Property Accountant: Landlord success at property investment & tax!

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Ed, Chartered Accountant


Jumping into the buy to let property market can be a thrilling yet daunting endeavour. It’s a lucrative path, but there’s more to it than meets the eye. Enter the buy to let property accountant – your knight in shining armour, ready to guide you through the twists and turns of property investing. In this article, we’ll delve into the world of buy to let property accountants, demystifying their role and shedding light on how they can make your property investment journey smooth sailing. So, buckle up, and let’s get started!

Investing in property has become more popular than ever recently with many first-time landlords becoming involved in the buy to let market. Property held for the long term can be lucrative and provide a retirement asset to either sell or draw down rental income from.

With the high inflationary environment we have seen recently and the rising interest rates which come with that, achieving strong yields for landlords has become more difficult and competitive than landlords previously expected. Many investments which were previously profitable no longer are due to the rising interest rates. The good news is that these times seem to be shorted live and according to credible sources including the IMF interest rates are forecast to fall.

The rising tax burdens have not helped matters with landlords being seen as easy targets by both side of the political spectrum. For a few years now the government has restricted mortgage interest tax relief to just 20% where investment property is held personally, not to mention the legislation making landlords bare the brunt of all letting fees and the upcoming EPC changes expected to come in from 2025.

Too off-set the above matters, property prices have of course risen a huge amount over the past decade, with some sources stating 70% in the decade to July 2022. The forecast falls during the pandemic and due to rising interest rates have proved not to come true – and at worse we have simply seen minor stalls in growth rather than falls in value. With net positive immigration to the UK each year and supply of new-builds being unable to keep up with demand, the future for property in the UK looks very strong.

To navigate the ever-changing legislation it’s crucial to be partnered with a strong buy to let property accountant who can maximise your yields and ensure your tax bill is kept down – the earlier they get involved the better.

The What and Why of Buy to Let Property Accountants

What is a Buy to Let Property Accountant?

A buy to let property accountant is a Chartered Accountant professional who specialises in the tax, accounting, and financial management of rental property and buy to let investments. They’re the number-crunching wizards who help landlords stay on top of their finances, maximise returns, and remain tax-efficient.

Why Hire a Buy to Let Property Accountant?

  1. Expertise: Buy to let property accountants are well-versed in the ins and outs of property investment. They can navigate the ever-changing tax landscape and make sense of complex regulations. In a nutshell, they know their stuff – this may be helping you choose the right structure for your property letting (i.e. Limited Company or held personally).
  2. Time-Saving: Managing finances can be a time-consuming task. By hiring a buy to let property accountant, you can focus on growing your property portfolio while they take care of the nitty-gritty details. They help ensure your records are all up-to-date and complete to protect you from a HMRC investigation at a later date, which could be many years into the future.
  3. Tax-Efficiency: A buy to let property accountant can help you structure your investments in a tax-efficient manner, saving you a pretty penny in the long run. There are a multitude of options when it comes to property and it’s crucial you are partnered with a buy to let property accountant who has seen it all before. The accountant will also help ensure you claim for all expenses and allowances available.
  4. Peace of Mind: Knowing you have a professional handling your finances can put your mind at ease, so you can sleep like a baby at night. A good accountant will also have a wide network of other professionals they can refer you to such as mortgage brokers and financial advisors should they be needed.

Key Services Offered by Buy to Let Property Accountants

Tax Planning and Compliance

A buy to let property accountant is an expert in tax planning, ensuring you stay compliant with HMRC regulations while taking advantage of tax breaks and allowances. They can help you with:

  • Property income tax calculation for personal tax return.
  • Capital gains tax returns on disposals of properties.
  • Stamp duty land tax.
  • VAT on property transactions and Option to Tax.
  • Identifying the best and most tax efficient structure – i.e. Property held personally or via a Limited company.

Financial Management and Reporting

From preparing annual accounts to monitoring cash flow, a buy to let property accountant can help you stay on top of your finances. They can assist with:

  • Bookkeeping and Cloud Accounting Software
  • Budgeting and forecasting portfolio returns
  • Limited Company Accounts production and Corporation Tax returns to HMRC.
  • Landlord payroll (if required) and processing Dividends.
  • Company Secretarial Duties and Confirmation Statement.

Company Formation and Structuring

A buy to let property accountant can advise on the most tax-efficient structure for your property investments, such as setting up a limited company or using a special purpose vehicle (SPV). They can also assist with:

  • New company formation for buy to let property
  • Shareholder agreements
  • Selling-up a portfolio and closing down a Limited company.

FAQs on Buy to Let Property Accountants

  1. How much does a buy to let property accountant cost?
    The cost of hiring a buy to let property accountant varies depending on factors like the size of your property portfolio, the complexity of your financial situation (i.e. held via a Limited company or personally), and the services you require. A good property accountant will often pay for themselves in the tax efficiencies they find.
  2. Can I manage my buy to let property finances myself?
    While it’s possible to handle your own property finances, it’s a risky move if you do not have the experience. With complex HMRC tax regulations and ever-changing legislation, you could find yourself in hot water if you miss something crucial – it could cost you money in the form of missed allowances or HMRC penalties. A buy to let property accountant is usually worth the investment, providing expert guidance and peace of mind. We are always happy to discuss this with you and give you an honest answer if we think you wouldn’t benefit from our services.
  3. How do I choose the right buy to let property accountant? When selecting a property accountant, consider factors such as their qualifications, experience in the buy to let sector, and client testimonials. We’re happy to have a no obligation conversation with you about the services we provide and our experience to date – we also have first hand property investment experience ourself so have experienced it all before first-hand!
  4. Do I need a buy to let property accountant if I only have one property? While it might be tempting to go it alone with just one property, it’s still wise to consult with a buy to let property accountant. They can help you make the most of your investment, ensuring you stay tax-efficient and avoid potential pitfalls. We’ll happily let you know if we think you can manage on your own.

Bottom Line: A Buy to Let Property Accountant is Your Secret Weapon

Navigating the buy to let property market can feel like walking through a maze blindfolded. But with a buy to let property accountant by your side, you’ll have the expert guidance and support needed to maximise your returns and stay on the right side of the law.

Here’s a quick recap of the benefits of hiring a buy to let property accountant:

  • Expertise in tax planning and compliance
  • Time-saving financial management and reporting
  • Guidance on company formation and structuring
  • Peace of mind knowing your finances are in capable hands

So, don’t hesitate to seek the help of a buy to let property accountant. With their invaluable expertise, you’ll be well on your way to conquering the property investment world.


Investing in buy to let properties can be a lucrative endeavour, but it’s essential to have a solid grasp of the financial and tax implications. By hiring a buy to let property accountant, you can ensure your investment journey is smooth and successful, allowing you to focus on growing your property portfolio while they handle the financial side of things. So, go ahead and team up with a buy to let property accountant – you’ll be glad you did!

About the author

Ed is qualified Chartered Accountant and founded ESDG Accountancy in 2020. He has gained extensive experience in various sectors, working with business owners, international groups, & private equity investors.