Landlords
Build your portfolio, not your tax paperwork pile
Managing rental properties is rewarding but comes with its own set of challenges. Even when 'fully managed' by letting agents, you are still responsible to report to HMRC. Forward Assist Finance offers expert bookkeeping and tax services for landlords, ensuring your property portfolio's finances are in order.
Landlord Vision
Landlords who use us will also get access to Landlord Vision Premium.
Expenses and Income Bookkeeping
Track every detail of your rental business finances.
Self Assessment
Ensure accurate and timely submissions.
Portfolio Profit and Loss Comparison
Assess and optimise your property investments.
Limited Company Incorporation
Help with incorporation if it is suitable for you.
Landlord Vision
As landlords ourselves we know that tax is just part of the picture. If we handle your bookkeeping and returns then you will also get access to Landlord Vision Premium.
It is a comprehensive property management software that helps landlords handle all aspects of their rental portfolios. With features such as tenancy creation, direct debit collection, tenant portal and document storage it means you can easily keep on top of everything else whilst we handle your tax affairs.
Did you know that even if you have a letting agent managing your property it is still your responsibility to ensure everything is compliant. Don't you suffer for someone else's mistakes and keep track of your properties.
See their website for more details - Landlord Vision.
Portfolio Profit and Loss Comparison
This is crucial for tracking investment performance, managing financial risk and making informed decisions. It will help you assess which assets are working well and which are underperforming (and more importantly why). This will all support efficient tax planning.
Expenses and Income Bookkeeping
Capturing all income and expenses is crucial for financial clarity ensuring profitability. It will also ensure all HMRC and Companies House filing is not only accurate but that Landlords have claimed all allowances available to them minimising their tax bill. It also ensures better decision making for future investments or potential asset disposal.
Limited Company Incorporation
Due to recent tax changes many Landlords incorporate into a Limited Company to benefit from tax advantages, such as lower corporation tax rates and the ability to offset mortgage interest expenses, whilst also providing limited liability protection.
It is not only worth considering for current portfolios but also has advantages for new rental property purchases.
Forward Assist Finance can help you set up your Limited Company and with other Secretarial work such as annual Confirmation Statements.
Self Assessment
In most cases, property rented that is held in personal name will mean a Self Assessment is required. Unfortunately this means that all income is to be reported, not just the rental aspects. This can lead to lots of time wasted finding records, receipts etc and ultimately can lead to a larger tax bill due to allowance not claimed.
Forward Assist Finance can help with all aspects of Self-Assessment returns, not just the Income from Property section ensuring you can spend time looking after your houses rather than your tax admin paperwork.
All of our staff are:
Veterans
Accredited Landlords
With 10+ years experience
MICB
Qualified with Distinction (Hons)
