Accountant for Landlords in Glasgow
Specialist tax returns for landlords and property investors across Glasgow. Whether you own 1 property or 10+, we'll ensure you're tax-efficient and HMRC compliant.
Property Tax Services for Landlords
Complete accounting support for your rental property portfolio
Single Property Landlords
Own one buy-to-let property? We'll handle your rental income tax return and maximise your allowable expenses.
Portfolio Landlords (2-10 Properties)
Multiple properties require careful planning. We'll track income and expenses across your portfolio efficiently.
HMO & Multi-Let Properties
Houses in Multiple Occupation have unique tax considerations. We understand HMO accounting requirements.
Capital Gains Tax Planning
Planning to sell? We'll calculate your CGT liability and advise on tax-efficient disposal strategies.
Expenses Landlords Can Claim
Reduce your tax bill by claiming all allowable property expenses
🏠 Property Costs
- Repairs and maintenance
- Redecoration between tenants
- Garden and grounds maintenance
- Cleaning costs
- Furniture replacement (wear & tear)
- Safety certificates (gas, electrical)
💷 Finance & Insurance
- Mortgage interest (20% tax credit)
- Landlord insurance
- Buildings insurance
- Rent guarantee insurance
- Legal fees for evictions
- Accountancy fees
📋 Letting & Management
- Letting agent fees
- Property management fees
- Advertising for tenants
- Tenant reference checks
- Inventory costs
- Landlord registration (Scotland)
🚗 Other Expenses
- Travel to properties
- Council tax (void periods)
- Utility bills (if you pay)
- Phone calls to tenants/agents
- Stationery and postage
- Landlord association fees
Why Glasgow Landlords Choose LimeTree
Expert property tax advice tailored to your situation
Property Tax Specialists
We understand Section 24 mortgage interest restrictions, CGT reliefs, and Scottish landlord registration requirements.
Tax Planning Advice
Should you incorporate? Transfer to a spouse? We'll advise on the most tax-efficient ownership structure.
Year-Round Support
Not just at tax time – we're here whenever you need advice on a new purchase, sale, or tenant issues.
HMRC Compliant
All returns filed accurately. We stay up-to-date with constantly changing property tax rules.
Frequently Asked Questions
Common questions from landlords and property investors
Do landlords need to file a self-assessment tax return?
Yes, if you receive rental income over £1,000 per year, you must declare it through self-assessment. This applies even if your expenses exceed your income and you make a loss. The deadline is 31st January.
How does mortgage interest relief work now?
Since April 2020, mortgage interest is no longer fully deductible from rental income. Instead, you receive a 20% tax credit. This means higher-rate taxpayers pay more tax than before. We'll calculate this correctly for you.
Should I put my rental property into a limited company?
It depends on your situation. Companies can still deduct full mortgage interest, but there are other costs and complications. We can model both scenarios to show you which is better for you.
What Capital Gains Tax will I pay when I sell?
CGT on residential property is 18% (basic rate) or 24% (higher rate). You get reliefs including your annual CGT allowance and lettings relief in some cases. We can calculate your liability before you sell.
Ready to Get Your Property Taxes Sorted?
Free consultation for Glasgow landlords. No obligation.