Property tax has changed fast, and the right structure now makes a real difference to what you keep. We help landlords and property investors with rental accounts, Section 24, incorporation questions, Capital Gains Tax and the move to Making Tax Digital — all with a dedicated named accountant, a fixed monthly fee and cloud-first books.
Landlords & Property
Here's exactly what's involved — and how your own named accountant handles each part for you.
For residential property held in your own name, you can no longer simply deduct mortgage interest from your rental profit. Under Section 24, finance costs instead give a basic-rate 20% tax reducer, which can push higher-rate landlords into a larger bill than the headline profit suggests.
Holding property through a limited company allows the full interest deduction that Section 24 removes for individuals, which is why so many landlords ask about incorporating. It is not automatically the right move, though — a company brings corporation tax and decisions about how to extract profit, and moving existing property in has its own costs.
Selling a residential property comes with a tight deadline that catches many landlords out, so it pays to plan the sale rather than react to it.
Digital record-keeping is coming to property income, so tidy, cloud-based books are quickly becoming essential rather than optional. Making Tax Digital for Income Tax starts in April 2026 for landlords and sole traders with income over £50,000, then extends to those with income over £30,000 from April 2027.
Small reliefs add up across a portfolio, and missed ones quietly inflate your tax bill year after year. We make sure your allowable expenses are captured in full and that you claim replacement of domestic items relief when you replace furnishings and white goods.
We run your property books in Xero, QuickBooks or Sage so your numbers are always current, whether you own one flat or a growing portfolio. Joining us is paperless and usually takes a few days, with your records collected under professional clearance.
Last reviewed: June 2026. This page is general guidance, not advice — figures relate to the 2025/26 UK tax year and may change. Please get in touch for advice tailored to your circumstances.
FAQ
Section 24 restricts finance-cost relief on individually-held residential property to a basic-rate 20% tax reducer, rather than a full deduction from rental profit. For higher-rate landlords this can mean a larger tax bill than profit alone suggests. We calculate the real impact for you.
Book a free, no-obligation consultation and we'll show you exactly how MMR can help — with a clear fixed-fee quote and no pressure.
