Landlord & Property Tax · South London
Landlord accountants in Clapham Common
Property tax for Clapham Common landlords from accountants who know what HMRC's Let Property Campaign looks for. Whether you have one flat, a small portfolio or a holiday let that lost its special status in April 2025, we prepare the accounts, calculate the tax and complete the property pages of your return. Published fees, agreed in writing, online.
from £149 · fixed, per year
Next deadlines
- UK residential property disposals: CGT return and payment within 60 days of completion
- UK residential property disposals: CGT return and payment within 60 days of completion
- Online Self Assessment filing deadline and balancing payment due
- UK residential property disposals: CGT return and payment within 60 days of completion
Who this is for
Landlord & Property Tax for Clapham Common
Residential and commercial landlords in Clapham Common: accidental landlords renting a former home, buy-to-let investors with one to several mortgaged properties, portfolio landlords, joint owners and couples, owners of furnished holiday lets and serviced accommodation, overseas landlords with UK rentals, and anyone who has let a property for years without declaring it and wants to put it right.
What is included
Everything inside the fixed fee
- Rental income and expenses for each property reconciled to agent statements and bank records
- Allowable expenses claimed in full: repairs, insurance, agent fees, ground rent, service charges, replacement of domestic items
- Mortgage interest handled correctly as a 20% tax credit, not a deduction, with the restriction carried forward where it cannot be used
- Joint ownership splits, Form 17 elections and the property allowance applied where they help
- Furnished holiday lets, serviced accommodation and rent-a-room treated under the rules now in force
- UK property pages of the Self Assessment completed and filed, with Making Tax Digital readiness assessed
How it works
Landlord & Property Tax from Clapham Common, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
What you get in Clapham Common
One fixed fee for landlord & property tax in Clapham Common, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Clapham Common get reminders at 60, 30 and 7 days before each date that applies to landlord & property tax.
No appointments, no travel across South London, no parking. Everything for landlord & property tax in Clapham Common happens online, with a real person on the other end during UK working hours.
A named person handles your landlord & property tax from Clapham Common and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Clapham Common clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for landlord & property tax.
Nothing is filed for Clapham Common until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.
Local facts
About Clapham Common
Clapham Common is in South London, within Lambeth, in the SW4 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.
| Place | Distance | Direction |
|---|---|---|
| Clapham Park | 0.3 mi | E |
| Clapham, Lambeth | 0.4 mi | N |
| Clapham Town | 0.6 mi | N |
| Clapham North | 0.8 mi | NE |
| Brixton Hill | 0.9 mi | E |
| Northcote | 1 mi | W |
| Balham | 1 mi | SW |
| Brixton | 1 mi | NE |
Worth knowing
Rules that come up in this work
Closing a company
A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.
Switching accountants
You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.
Allowable expenses
Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.
Record keeping
Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.
The 60-day property CGT return
Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.
Crypto records and reporting
Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.
The trading and property allowances
Not every small income needs a tax return. The trading allowance exempts the first £1,000 of self-employment or casual income and the property allowance does the same for rental income, each measured on gross receipts. They cannot be combined with rent-a-room relief on the same income, and claiming the allowance means giving up the expense deduction for that source.
Questions
Landlord & Property Tax questions from Clapham Common
I have been letting for years and never declared it. What now?
HMRC's Let Property Campaign allows landlords to disclose undeclared rental income with lower penalties than if HMRC finds it, which with data from letting agents, deposit schemes and councils it increasingly does. We quantify the undeclared years, prepare the disclosure and negotiate the settlement. Acting first is always cheaper.
I rent out a room in my own home. Is that taxable?
Rent-a-room relief exempts the first £7,500 a year of income from letting furnished accommodation in your main home, or £3,750 each if the income is shared. Above that you can pay tax on the excess over £7,500 or on actual profit. Lodgers, Airbnb rooms and short-term lets of a room all qualify.
How is mortgage interest treated now?
Since April 2020 individual landlords cannot deduct mortgage interest or other finance costs from rental profit. Instead you receive a tax reduction of 20% of the finance costs. For higher-rate taxpayers this means more tax than under the old rules, and the restriction can push rental profit into a higher band. We calculate it and carry forward any unused credit.
What is included in the £149 one-property fee?
The rental income and expenditure account for the property, a review of every expense category, the finance-cost credit calculation, the UK property pages and the rest of your Self Assessment return completed and filed with HMRC. Rental income alongside employment or a pension is the most common case and this fee covers it.
Is replacing a kitchen a repair or an improvement?
Replacing like with like, or with the modern equivalent, is a repair and deductible, even if the new kitchen is better quality because standards have risen. Adding something that was not there before, such as extending the kitchen or adding a dishwasher space, is an improvement and goes against the capital gain instead. We split mixed invoices.
What expenses can I claim?
Letting agent fees, repairs and maintenance, buildings and contents insurance, ground rent and service charges, council tax and utilities you pay, accountancy, legal fees for lets of a year or less, replacing furniture and appliances, mileage to the property, and advertising. Improvements, your own labour and the capital part of mortgage payments are not allowable.
Is landlord & property tax in Clapham Common really the same price as elsewhere?
Yes. The fee published on this page is what a client in Clapham Common pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.
Do you have an office in Clapham Common?
No. IGI Accounting is an online-only firm. We serve Clapham Common and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for landlord & property tax is the same in Clapham Common as anywhere else in the country, and why there is nothing to visit and nothing to print.
Start the conversation from Clapham Common
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.