Cost guide
How much does a Landlord tax return cost?
Sorting out your Landlord Tax Return can feel a bit daunting, but it doesn't have to be. We're here to help you understand the costs involved. Typically, a professional accountant will charge between £200 and £600 to prepare and submit your Self Assessment tax return for property income. This covers everything from gathering your income and expenses to making sure it's all filed correctly.
Typical price
£200 to £600
What changes the price
Property Portfolio Size
More properties mean more transactions and calculations, increasing the time an accountant needs.
Rental Income Complexity
If you have furnished holiday lets or overseas properties, your return might be more involved.
Record Keeping Quality
Well organised income and expense records will save your accountant time and potentially reduce your fee.
Additional Tax Advice
If you need specific guidance on capital gains or tax planning, this will add to the cost.
Included Services
Some accountants offer ongoing support or help with future tax planning as part of a package.
Accountant's Experience
Highly experienced property tax specialists may charge a little more for their expertise.
Prices by region
| Region | Low | Typical | High |
|---|---|---|---|
| London | £250 | £500 | £700 |
| South East | £220 | £450 | £650 |
| South West | £200 | £400 | £600 |
| East of England | £200 | £400 | £600 |
| Midlands | £190 | £380 | £580 |
| North West | £180 | £370 | £570 |
| North East and Yorkshire | £180 | £360 | £560 |
| Scotland and Wales | £190 | £370 | £570 |
Questions people ask
What is a Landlord Tax Return?
It's your annual Self Assessment tax return, specifically for income you earn from renting out property in the UK. It ensures you declare your rental profits and pay the correct amount of tax.
Why should I use an accountant?
An accountant can save you time and stress, ensuring your return is accurate and submitted on time. They can also help identify all allowable expenses to reduce your tax bill.
What information do I need to provide?
You'll need details of all your rental income, as well as records of all property-related expenses. Things like mortgage interest, repairs, insurance, and management fees are important.
Can I do it myself to save money?
Yes, you can, but it requires a good understanding of tax rules and careful record keeping. Many landlords find professional help invaluable to avoid errors and maximise tax efficiency.
Is the cost tax deductible?
Generally, yes, the fees you pay for an accountant to prepare your property income tax return are considered an allowable expense. This means you can deduct it from your rental income.
How can CertifySpace help me find an accountant?
CertifySpace lets you compare free quotes from verified UK accounting firms specialising in property tax. It's a simple way to find the right professional at a fair price.