Accountants for Landlords & Property Businesses

From a single buy-to-let to a growing portfolio, property income brings its own tax rules — mortgage interest relief restrictions, Capital Gains Tax on sales, and the shift towards Making Tax Digital for landlords. MGP Accountants has supported property investors and letting businesses across Wrexham and North Wales, helping them stay compliant while keeping more of what they earn.
 
How we help landlords and property businesses
  • Rental income and Self Assessment — accurate reporting of rental income and allowable expenses on your tax return.
  • Capital Gains Tax planning — advice ahead of a property sale, including reliefs that may apply and the 60-day reporting deadline.
  • Structure advice — guidance on whether to hold property personally, through a limited company, or via a partnership, based on your circumstances.
  • Making Tax Digital (MTD) for landlords — help getting your record-keeping ready ahead of MTD requirements for landlords.
  • Portfolio growth planning — cashflow and profit forecasting as you add properties or remortgage.
Why choose MGP Accountants
Property tax rules change frequently, and getting the structure wrong can be costly to unwind later. We’ve been advising individuals and businesses in North Wales since 1982, and we take the time to understand your portfolio and long-term plans before recommending a structure.
 
Frequently asked questions
  • Should I hold my rental properties personally or in a limited company? It depends on your income tax position, mortgage interest costs, and long-term plans for the portfolio. There’s no single right answer — we look at your specific numbers before recommending a structure, as moving properties into a company later can trigger Capital Gains Tax and Stamp Duty.
 
  • Do I need to report a property sale to HMRC within 60 days? Yes — UK residents who sell a residential property that isn’t their main home generally need to report and pay any Capital Gains Tax due within 60 days of completion. We can prepare and file this for you.
 
  • What is Making Tax Digital for landlords and when does it apply to me? Making Tax Digital for Income Tax will require landlords above certain income thresholds to keep digital records and submit quarterly updates to HMRC instead of one annual return. We can tell you when it applies to you and get your record-keeping ready in advance.

What to do next?

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