Property & Landlord Accountants In Luton
Providing expert property tax and self-assessment support to landlords across Luton and Bedfordshire
At Click Accountancy, we provide expert accounting services for landlords across the UK. Whether you own a single buy-to-let property or manage a growing portfolio, our fully online accountancy firm based in Luton, Bedfordshire, offers tailored support to help you stay compliant, reduce your tax bill and maximise your rental income.
We understand the complexities of property tax legislation, and the increasing burden placed on landlords by evolving HMRC rules, Making Tax Digital (MTD) requirements, and changes to mortgage interest relief. That’s why we offer proactive, personalised support designed specifically for residential landlords, commercial landlords, and holiday let owners.
Our Landlord Tax & Accounting Services:
📝 Self-assessment tax returns for rental income
📝 Capital Gains Tax (CGT) calculations and reporting
💰 Advice on allowable expenses and tax reliefs
💰 Limited company structuring for property investments
💻 MTD-compliant software setup and support
💻 VAT registration for commercial landlords (if applicable)
📊 Rental accounts and profit & loss reporting
📊 Tax planning for buy-to-let investors and property portfolios
Property Portfolios We Support:
🏡 Private residential landlords
🏘️ Buy-to-let investors
🏢 HMO (House in Multiple Occupation) landlords
🏘️ Landlords operating through limited companies
🏠 Short-term and holiday let landlords (e.g., Airbnb)
🏛️ Commercial property owners
At Click Accountancy, we’ll ensure that your rental income is reported accurately and that you claim every eligible expense from mortgage interest and letting agent fees to maintenance costs, insurance, and council tax. Our expertise helps you stay compliant with HMRC landlord tax requirements while keeping more of your hard-earned income.
Whether you’re just starting out as a landlord or managing a large portfolio, we provide scalable, fixed-fee solutions to suit your needs. Our cloud-based accounting software gives you real-time access to your finances, and our dedicated team is always available for advice and support without the need for in-person meetings.
As an online accountant serving landlords across the UK and locally in Luton and Bedfordshire, we combine the convenience of digital tools with the personal service of a traditional practice.
If you’re a landlord looking for a reliable, experienced accountant who understands the property sector and can guide you through the ever-changing tax landscape, Click Accountancy is here to help.
Landlord FAQs
What expenses can I legally claim against my rental income?
You can deduct “wholly and exclusively” incurred running costs to lower your tax bill. This includes letting agent fees, landlord insurance, essential repairs and maintenance (but not capital improvements), utility bills, and direct costs like phone calls or travel to the property.
Can I still claim my mortgage interest as an expense?
No, direct mortgage interest deduction was phased out under Section 24 rules. Instead, individual landlords receive a 20% tax credit on their mortgage interest costs. If you want to deduct mortgage interest fully as a business expense, you may need to operate through a Limited Company portfolio structure.
What is the Replacement of Domestic Items Relief?
This allows you to claim the actual cost of replacing white goods (cookers, fridges), beds, sofas, carpets, and crockery provided for your tenants. Note that you can only claim for a like-for-like replacement, not an upgrade (e.g., replacing a basic fridge with an expensive American-style smart fridge).
When do I need to register for Self-Assessment as a landlord?
You must notify HMRC and register for Self-Assessment by 5th October following the tax year in which you first received rental income. For example, if you started renting a property out during the 2025/26 tax year, you must register by 5th October 2026.
How much tax will I pay on my UK rental income?
Property income is added to your other personal income (like a salary). After subtracting your expenses and your £1,000 property allowance (if applicable), you will pay tax based on your personal income tax band: 20% for Basic Rate, 40% for Higher Rate, or 45% for Additional Rate.
Do I have to pay National Insurance on my property profits?
Generally, no. Rental income is classified as investment income, meaning regular landlords do not pay Class 2 or Class 4 National Insurance. You only pay National Insurance if you are running a “property business”—such as providing extra services like cleaning or meals as a dedicated guest house.
Should I hold my rental properties personally or in a Limited Company?
There is no one-size-fits-all answer. Holding properties in a Limited Company (a “Special Purpose Vehicle” or SPV) can be highly tax-efficient for higher-rate taxpayers because companies pay Corporation Tax instead of income tax, and can fully deduct mortgage interest. However, transferring existing properties into a company can trigger Stamp Duty (SDLT) and Capital Gains Tax. Our Luton-based property accountants can run a personal illustration to see which route saves you the most money.
What happens if my rental property makes a financial loss?
If your allowable expenses are higher than your rental income in a tax year, you have made a property loss. You cannot offset this loss against your salary or employment income, but you can carry it forward into the next tax year to offset against future rental profits, lowering your future tax bills.
