Accountants for Real Estate

At Excel Accounting Solutions, we specialize in providing accounting services tailored to property owners, investors, and real estate professionals' unique needs. Whether you manage rental properties, engage in property development, or operate as an estate agent, our expertise ensures your finances are managed efficiently and in compliance with regulations.

Tax Planning and Compliance

• Expert advice on income tax, VAT, and corporation tax specific to property transactions.
• Preparation and submission of self-assessment or corporate tax returns.
• Guidance on Stamp Duty Land Tax (SDLT) and capital gains tax (CGT) implications.
• Assisting non-resident landlords with tax compliance in the UK.

Rental Income Management

• Tracking rental income and expenses for accurate reporting.
• Preparing rental accounts for landlords with single or multiple properties.
• Advising on allowable expenses, such as repairs, mortgage interest, and property management fees.

Property Development and Investment Support

• Cost tracking and budgeting for property development projects.
• Advising on financing options and tax-efficient structures for property investments.
• Assisting with the financial aspects of buying, selling, and leasing properties.

VAT and Real Estate

• Advising on VAT implications for property transactions, including the option to tax.
• Preparing and submitting VAT returns.
• Guidance on VAT for construction and property renovation projects.

Capital Gains Tax (CGT) Reporting

• Calculating and reporting CGT on the sale of properties.
• Advising on reliefs, such as private residence relief and lettings relief.
• Ensuring timely submission of CGT returns to HMRC.

Bookkeeping and Financial Reporting

• Maintaining accurate financial records for property portfolios.
• Generating profit and loss statements, balance sheets, and cash flow reports.
• Regular updates to provide insights into financial performance.

Non-Resident Landlord Services

• Registering non-resident landlords with HMRC.
• Ensuring compliance with the Non-Resident Landlord Scheme (NRLS).
• Managing tax obligations for rental income earned in the UK.

Inheritance Tax and Estate Planning

• Structuring property holdings to minimize inheritance tax liabilities.
• Advising on transferring property assets efficiently.
• Helping to safeguard wealth for future generations.

• Industry Knowledge: Our team understands the complexities of property and real estate accounting and provides tailored solutions.

• Proactive Guidance: We offer strategic advice to help you maximize profits and reduce tax liabilities.

• Regulatory Compliance: We ensure your business or personal property dealings meet all HMRC requirements.

• Tailored Services: Every property portfolio is unique, and we adapt our services to fit your specific needs.

• Assistance with loan applications and financing for property purchases.
• Regular updates on changes to property tax laws and regulations.
• Support in preparing for HMRC audits and inspections.

Let us simplify managing your property finances. Contact us today to discuss your accounting needs.