Accountants for serviced accommodation owners
Serviced accommodation covers a broad range of needs in the accommodation market, but generally provides a hotel-like experience for business and leisure guests.
Accountants for serviced accommodation owners
Serviced accommodation covers a broad range of needs in the accommodation market, but generally provides a hotel-like experience for business and leisure guests.
In-depth, tailored property tax advice
Award-winning property accounting app
Fast, expert support from our accountants
Tax returns and accounts prepared and filed
A complete SA tax accountancy service, from just £59 per month
Our all-inclusive accountancy service includes everything you need to manage your SA 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
Company formation
If you prefer to purchase SA via a limited company, our expert team can form and register your company
Manage your SA 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 letting directly to tracking tax, it's the only app you'll need.
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
Works with agents
Outsource the heavy lifting, and let our app keep track of agent costs
Direct lettings
If you also let directly, you can issue invoices and collect card payments from our app
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.
What is serviced accommodation?
It’s generally accepted that serviced accommodation provides a high quality alternative to hotels for business or leisure purposes. They may be a midweek home for travelling business consultants, a weekend base for tourists (perhaps let via Airbnb), or accommodation for those visiting family away from their local area.
Serviced accommodation tax considerations
The majority of serviced accommodation investors are keen to ensure their property is classified as a furnished holiday let (FHL), for tax purposes. By doing so, certain tax advantages can be realised - you can read more here.
Compared to conventional buy to let, the outgoings for serviced accommodation are much higher. For example, there may be service costs for shared facilities, regular cleaning costs and fees paid to booking marketplaces and management firms. The majority of outgoings can be deducted from your profits, thus reducing your tax liability.