Buy to Let

Landlord Tax / Buy to Let


Buy-to-let has been a popular investment in the UK over the last few years.  We have also seen a rise in the number of “accidental landlords”, who were forced to rent out their home as selling was not an option.

Regardless of your reasons for owning one, your Buy To Let Property is possibly subject to a number of taxes: Stamp Duty, Income Tax, Capital Gains Tax and Inheritance Tax

AFM Premier Property Package includes

  • Prepare your property accounts
  • Calculate your tax liability
  • Prepare and electronically submit your Self Assessment Tax Return
  • Ensure you claim the appropriate allowances in calculating your taxable profit


Generally allowable expenses include:-

  • Letting agent’s fees and commissions
  • Accountancy fees
  • Certain legal expenses
  • Interest on a loan to buy the property
  • Buildings and contents insurance
  • Repairs and maintenance
  • Gas, electricity and water rates if not paid by the tenant
  • Council Tax if not paid by the tenant (unusual) and when the property is not let
  • Ground rents and service charges
  • Cleaning expenses
  • Payments to employees to manage the property
  • Wear and tear allowance – for furnished properties
  • Bad debts