At Aahil & Co, property tax advisors do not limit themselves to filling out and submitting your tax returns. Still, we make sure our advice on property tax benefits you, and you make the most of your investment while complying with regulations.
UK properties are always a desire to invest for both UK Residents and Non-UK Residents Landlords. However, before making any investment in real estate, property investors must consider the tax implications of any profit to come in future. We help you understand the implications of owning a property through a company. There are several tax benefits to owning a property through a company, such as claiming back mortgage interest and other costs against your profits. However, there are also some drawbacks to owning a property, so it is important to seek professional advice before making any decisions. We help you choose the most tax-efficient legal entity for ownership. This could be a limited company, an individual, a partnership or a limited liability partnership.
We provide property tax advice on the consequences of investing in buy-to-let and commercial properties. As experienced property tax advisors, provide advice on the allowable and disallowable expenses and tax advice on rental income earned by non-resident landlords.
For Non-resident landlords, both individuals and overseas companies, our services include registration with HMRC, filling personal return/Non-resident Company Income Tax Return (SA700) & Annual Tax on Enveloped Dwellings (ATED) return to HMRC. We will make sure that you are getting the most out of your tax return and compliant with all the necessary regulations.
Alongside looking after the needs of landlords, we also take care of Letting Agents.
Contact us today to learn more about our property tax services.