Rental property tax rules have grown increasingly complex — from Section 24 mortgage interest restrictions to Capital Gains Tax on property sales — and getting them wrong costs landlords real money every year. Direct Assist Accountants provides specialist landlord accounting across Slough, covering everything from a single buy-to-let property to large portfolios, with tax planning designed to protect your rental profits.
Since Section 24 changes removed full mortgage interest deductibility for individual landlords, many are paying significantly more tax than necessary — some are even pushed into a higher tax bracket without realising it. Others miss allowable expenses like replacement of domestic items relief, or fail to plan ahead for Capital Gains Tax before selling, leaving them with an unexpected bill. We help landlords understand exactly where they stand and structure their property income as tax-efficiently as current rules allow.
Whether you own one rental property or a growing portfolio, our landlord accounting service is built to keep your property income compliant and tax-efficient.
Accurate self-assessment filing covering all rental property income
Ensuring every deductible cost is claimed, from repairs to letting agent fees
Guidance on managing the impact of restricted mortgage interest relief
Advance planning and 60-day reporting for property disposals
Analysis of whether transferring properties into a limited company reduces your tax bill
Correct income splitting between joint owners for optimal tax treatment
Section 24 restricts individual landlords to a basic-rate tax credit on mortgage interest rather than deducting it fully from rental income, which can significantly increase tax bills for higher-rate taxpayers.
It depends on your income level, mortgage interest costs, and long-term plans — we assess your specific numbers to advise which structure is more tax-efficient.
Common allowable expenses include letting agent fees, repairs and maintenance, insurance, and replacement of domestic items — we ensure nothing is missed.
Ideally several months — Capital Gains Tax planning is far more effective before a sale completes than after, and reporting is due within 60 days of completion.
Income is normally split 50/50 for married couples unless you file a specific declaration to split it differently based on actual ownership shares.
Our bookkeeping team is part of Direct Assist Accountants ACCA-regulated practice in Slough
Talk to a Slough-based bookkeeper about getting your records accurate and up to date.
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