Landlord & Property Tax · South East London
Landlord accountants in Cray Valley West
Landlord accounts and tax returns for property owners in Cray Valley West: £149 for one property, £199 for two to four, £299 for a portfolio of five or more, each including the Self Assessment filing. Fixed fees, published on this page, and the same in Cray Valley West as in any other part of England.
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 Cray Valley West
Residential and commercial landlords in Cray Valley West: 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 Cray Valley West, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
The IGI way of working, in Cray Valley West
No hourly rate and no surprise invoice. Cray Valley West clients know the fee for landlord & property tax before they send a single document, and it stays fixed.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Cray Valley West get reminders at 60, 30 and 7 days before each date that applies to landlord & property tax.
Online only, UK based. There is no office in Cray Valley West to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.
You get one contact for landlord & property tax, not a queue. Cray Valley West clients message the same person throughout and get an answer in working hours, usually within a few hours.
Plain English, with the numbers. Every draft for Cray Valley West comes with a short explanation of what the figures mean and what, if anything, you should do about them.
You stay in control of landlord & property tax: drafts go to Cray Valley West clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Cray Valley West
Cray Valley West is in South East London, within Bromley, in the BR5 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| St Mary Cray | 0.6 mi | SE |
| St Paul's Cray | 0.7 mi | E |
| Poverest | 0.8 mi | S |
| Frognal | 1 mi | N |
| Petts Wood | 1 mi | SW |
| Chislehurst | 1 mi | NW |
| Cray Valley East | 1 mi | SE |
| Broom Hill, Bromley | 1 mi | S |
Worth knowing
Rules that come up in this work
Dormant companies
A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.
The trading and property allowances
The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.
Employer National Insurance
Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.
Workplace pensions and auto-enrolment
Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.
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.
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.
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.
Questions
Landlord & Property Tax questions from Cray Valley West
Should I put my properties into a limited company?
Sometimes. A company deducts mortgage interest in full and pays Corporation Tax at 19% to 25%, but extracting profit costs dividend tax, mortgages are dearer and transferring existing properties triggers CGT and SDLT. It suits higher-rate taxpayers building a portfolio long term; it rarely suits one or two properties. Our tax planning review runs the numbers.
I live abroad and rent out a UK property. Do I still pay UK tax?
Yes. UK rental income is taxed in the UK regardless of your residence, with the personal allowance available to most non-residents. Letting agents or tenants must deduct 20% at source unless you are approved under the Non-Resident Landlord Scheme to receive rent gross. We handle the approval and the annual return.
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.
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.
My partner and I own a property jointly. How is the income split?
Married couples and civil partners are taxed 50/50 by default regardless of actual ownership, unless you own in unequal shares and file Form 17 with evidence to be taxed on your actual shares. Unmarried joint owners are taxed on their actual shares. Choosing the right split can save tax where one of you is in a lower band.
What happened to furnished holiday lets?
The furnished holiday let regime ended on 5 April 2025. Holiday lets are now taxed like other residential lets: the finance-cost restriction applies, capital allowances on furniture are replaced by replacement relief, and the capital gains reliefs are withdrawn with transitional rules. Our £249 holiday let service handles the transition and the new treatment.
Which deadlines matter most for landlord & property tax?
The next four dates that apply to landlord & property tax are shown at the top of this page, calculated from today. For Cray Valley West clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
How do I get started from Cray Valley West?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for landlord & property tax. Once you confirm, we tell you exactly which records to send and the work begins. Most Cray Valley West clients are set up within a day.
One message from Cray Valley West, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.