Property Tax Services
BB Accountancy simplifies property taxes, ensuring compliance while minimizing liabilities. Whether you own rental, buy-to-let, or commercial properties, we provide tailored tax solutions to maximize deductions and optimize returns.
What is Property Tax?
Property tax includes various taxes applied to buying, selling, renting, or owning property in the UK. Whether you’re a homeowner, landlord, property investor, or developer, understanding your tax obligations is essential to avoid penalties and maximize profits.
Key Property-Related Taxes:
✅ Stamp Duty Land Tax (SDLT) – Tax paid on property purchases above a certain threshold.
✅ Capital Gains Tax (CGT) – Tax on profits when selling a second home or investment property.
✅ Income Tax on Rental Earnings – Tax on profits from buy-to-let properties.
✅ Corporation Tax on Property Businesses – If you own property through a limited company.
✅ Inheritance Tax (IHT) on Property – Tax on property passed down through an estate.
Property tax rules can be complex, but our expert accountants ensure compliance while helping you legally reduce your tax liability.
Who Needs Property Tax Services?
You may need specialist property tax advice if you are:
1. A buy-to-let landlord earning rental income.
2. A property investor selling properties for profit
3. A business owner purchasing commercial property.
4. A developer or builder involved in real estate projects.
5. A homeowner looking to sell a second home or estate.
Regardless of your situation, BB Accountancy can help you optimize tax efficiency and stay compliant with HMRC.
Our Property Tax Services Include:
✅ Stamp Duty Land Tax (SDLT) Advice
- Calculating SDLT obligations when purchasing a property.
- Advising on SDLT reliefs and exemptions, including first-time buyer relief.
- Managing additional property tax surcharges (e.g., second home tax).
✅ Capital Gains Tax (CGT) on Property Sales
- Assessing CGT liability when selling a second home or rental property.
- Applying reliefs such as Private Residence Relief and Lettings Relief.
- Filing 60-day CGT returns to HMRC.
✅ Rental Income & Buy-to-Let Tax Management
- Helping landlords declare rental income accurately.
- Advising on allowable expenses to reduce taxable income.
- Guidance on the mortgage interest tax relief restrictions.
✅ Property Tax for Limited Companies
- Advising whether to own property personally or through a company.
- Managing Corporation Tax and VAT for property businesses.
- Handling dividend tax implications for landlords operating via a company.
✅ Inheritance Tax (IHT) & Estate Planning
- Structuring property ownership to minimize IHT liability.
- Advising on gifting property and trusts to protect assets.
- Helping executors handle property tax on inherited estates.
✅ Tax Compliance & HMRC Reporting
- Ensuring accurate tax filings for property owners and investors.
- Handling HMRC inquiries and tax investigations related to property.
- Advising on changes in property tax laws affecting landlords and homeowners.
Why Choose BB Accountancy for Property Tax?
✅ Specialist Property Tax Expertise
- Years of experience in landlord taxation, real estate investment, and property business taxes.
- Expert knowledge of SDLT, CGT, rental income tax, and IHT planning.
📑 Maximizing Tax Efficiency
- Helping clients legally reduce property tax bills.
- Identifying tax reliefs, allowances, and deductions.
🔒 HMRC Compliance & Risk Reduction
- Ensuring correct tax reporting to avoid HMRC penalties.
- Full representation in property tax disputes or audits
⏳ Hassle-Free & Time-Saving
- Handling all property tax calculations and filings for you
- Allowing you to focus on growing your property portfolio.
👍 Peace of Mind
- No unexpected tax bills or compliance issues.
- BB Accountancy ensures your property tax matters are in safe hands.
Get Expert Property Tax Advice Today!
📌 Maximize profits and stay tax-efficient with expert property tax planning.
With BB Accountancy’s Property Tax Services, you get professional guidance, tax-saving strategies, and full compliance with HMRC regulations.
📞 Contact us today to discuss your property tax needs and let us help you save money! Call us on +44 7861 682275.