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Accountants for buy-to-let landlords
Buy-to-let properties form the backbone of many property investors’ portfolios. With the pressure of increased taxation, many landlords are turning to Provestor for property tax advice.
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Accountants for buy-to-let landlords
Buy-to-let properties form the backbone of many property investors’ portfolios. With the pressure of increased taxation, many landlords are turning to Provestor for property tax advice.
In-depth, tailored property tax advice
Award-winning property accounting app
Fast, expert support from our accountants
Tax returns and accounts prepared and filed
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Investing in Buy To Lets?
A complete property accountancy service, from just £59/month
Our all-inclusive accountancy services have everything you need to manage your buy-to-let finances, and ensure you remain compliant with your tax obligations.
Tailored tax advice
One-to-one tax consultation phone calls with our property accountants are included, as standard.
Personal support
Your named account manager is just a phone call or email away, whenever you need them.
Tax returns included
Our team of experienced and qualified accountants will prepare and submit your accounts and returns.
Start-up or switch
We can help you buy your first property, tax-efficiently, or help you get more from your existing portfolio.
Manage your property finances with our innovative accounting app
There's no need to struggle with clunky spreadsheets, or complex software like Xero or QuickBooks.
Our service is built around our award-winning (and easy-to-use) property accounting app. From collecting rent to tracking tax, it's the only app you'll need.
Tenant database
Keep all of your important data in one place, and track tenancy expiry dates.
Automatic rent invoicing
Set up and forget - we'll automatically email invoices to tenants.
Expenses & mileage
Track and reclaim your property and personal expenses.
Bank statement feeds
Connect to your bank, securely, and keep your accounts up to date.
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Everything you need, for a fixed monthly fee
Our fixed-fee accountancy service includes everything you need to manage your property portfolio's tax, accounts and compliance.
Personal Advisor
For personally owned portfolios
Includes:
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Your personal tax return
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Named account manager
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Online accounting app
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4 tax consultations per year
Company Advisor
For company owned portfolios
Includes:
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Company tax returns
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Named account manager
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Online accounting app
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4 tax consultations per year
Growth Advisor
For mixed or complex portfolios
Includes:
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All tax returns
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Named accountant
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Online accounting app
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Unlimited tax consultations
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Annual tax reviews
Interested in Provestor? Let's have a chat!
If you've got questions about our services, chat with one of our friendly team members today.
We'll talk through your goals, make sure we're the right fit, and help you choose the perfect Provestor service for you.
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What is a buy-to-let property?
"Buy-to-let" is the most well-known form of property investment, and is simply the process of buying a property with the express intention of letting it out to residential tenants. The property can be purchased in full or purchased using a buy-to-let mortgage, either personally or via a limited company.
Buy-to-let tax considerations
The ownership structure of the buy-to-let property determines tax considerations. Buy-to-let properties are broadly either owned personally or via a limited company, and each ownership structure is subject to different tax rules.
From April 2021, mortgage interest relief is no longer available for personally owned buy-to-let property, meaning that many investors will experience higher tax bills. Appointing a specialist property accountant, like Provestor, will help you navigate tax legislation and approaches including partnerships, deeds of trust and incorporation.
Many investors are now using limited companies to purchase buy-to-let properties, as mortgage interest relief is still available. Over 50% of buy-to-let mortgage applications are now being made via property investment companies. Whilst the compliance burden is higher compared to a personally owned property (as company accounts must be prepared each year), specialist accountants such as Provestor make this process straightforward.
Wondering if a limited company is right for your property investment goals? Get the answers you need from a property tax expert in our limited company tax consultation.
Buying properties through a company is well-established and a straightforward process. If, however, you are looking to incorporate an existing portfolio of personally owned properties, the process is more complex, but we are able to help you understand the business case for doing so.
With any buy-to-let property, regardless of ownership structure, effective management and treatment of outgoings is imperative as this can impact both the tax you pay on rental income, and also tax on any gains should you sell the property and inheritance tax should you pass the property on in your estate.
Tax advice
Our Property Tax Consultations are ideal for both new and established investors alike. Find out more here.