Accounting

Landlord & Property Tax · West London

Landlord accountants in Notting Hill

Landlord accounts and tax returns for property owners in Notting Hill: £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 Notting Hill 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 Notting Hill

Residential and commercial landlords in Notting Hill: 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 Notting Hill, step by step

  1. 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.

  2. 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.

  3. 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.

  4. 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

What you get in Notting Hill

One fixed fee for landlord & property tax in Notting Hill, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

Nothing for Notting Hill is left to the last week. Each deadline relevant to landlord & property tax is tracked from the day you join, with the next four shown on every page we send you.

We serve Notting Hill remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for landlord & property tax.

A named person handles your landlord & property tax from Notting Hill and knows the file, so you are not re-explaining your business to a different helpdesk each time.

The output for Notting Hill 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.

Approval before filing is a rule, not a courtesy. For landlord & property tax in Notting Hill, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Notting Hill

Notting Hill is in West London, within Kensington and Chelsea, in the W11 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.

Nearby places we also serve for landlord & property tax
PlaceDistanceDirection
Norland0.3 miW
Pembridge0.3 miE
Colville0.4 miN
Notting Hill Gate0.4 miE
Portobello, Kensington and Chelsea0.5 miN
Ladbroke Grove0.5 miNW
Holland Park0.6 miS
Notting Barns0.6 miNW

Worth knowing

Rules that come up in this work

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

The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.

Crypto records and reporting

HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.

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.

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.

Questions

Landlord & Property Tax questions from Notting Hill

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.

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.

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 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 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.

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 Notting Hill 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 Notting Hill?

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 Notting Hill clients are set up within a day.

Let us take the deadlines off your plate in Notting Hill

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote