Property rental accounts

We can prepare property rental accounts and advise on the following:

  •  How the property should be held – it may be beneficial for it to be jointly owned to save tax;
  • Which expenses are allowable (capital expenses are generally not deductible in computing rental business profits); and
  • Ways to achieve reliefs and allowances, such as letting the property fully furnished to claim the wear and tear allowance.

 

 

 

Explaining accounts in layman's terms and suggesting ways to keep books in easier way
Positive Nero LLP

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Haverfordwest