Landlord Accounting Packages
in Chester
As the proactive accountants property investors trust, we deliver expert accountancy for landlords across Chester, the Wirral, and Liverpool. Whether you own a single buy-to-let, operate an HMO, or manage a large property portfolio within a Limited Company SPV, our fixed-fee retainers keep you tax-efficient and fully compliant with zero added VAT.
Transparent, Fixed-Fee
Landlord Packages
We believe expert property accounting should never come with hidden charges or end-of-year billing surprises. Our transparent, fixed monthly retainers give you complete peace of mind, ensuring your statutory HMRC compliance, SA105 filings, Section 24 mortgage relief calculations, and capital expense deductions are optimized with zero added VAT across Chester, the Wirral, and Liverpool.
Whether you are managing a single buy-to-let, scaling a residential portfolio, or preparing for mandatory Making Tax Digital (MTD for ITSA) reporting (qualifying gross income over £50,000 live mandate, and £30,000+ preparing for April 2027), choose your optimal accounting tier below.
Landlord Tax Guarantee: Flat Rates — Zero Added VAT
20% Yield SavingsMaximise Your Net Rental Yield: Because private residential landlords cannot reclaim VAT on professional fees, accountancy practices adding 20% VAT unnecessarily erode your profit margins. At Phillips & Co, our quoted fees are the exact amount you pay—protecting your monthly rental cash flow every single year.
Essential
Single Buy-to-Let & Small Portfolios
- Annual property income & expenditure accounts for 1 to 2 units
- Full individual Self-Assessment tax return (SA100 + SA105)
- Section 24 mortgage interest finance relief credit calculations
- Maximisation of allowable repairs, maintenance & replacement of domestic items
- Direct electronic HMRC submission and payment schedule alerts
Portfolio
Growing Portfolios & SPV Advisory
- Annual property accounts preparation for 3 to 5 rental units
- Includes all core compliance features from our Essential package
- Section 24 tax modeling & higher-rate personal tax mitigation
- Integration support with your direct cloud software (e.g. Xero)
- Ongoing portfolio structuring advice & Limited Company SPV reviews
MTD Compliant
Complete Quarterly Digital Submissions
- Includes all property accounts & relief optimization from Portfolio tier
- 4x Quarterly MTD digital update submissions direct to HMRC
- Year-End Final Declaration preparation & digital submission
- Digital record-keeping audit trail protection against HMRC late-filing points
- Continuous digital software reconciliation & quarterly tax forecasting
Expanding Portfolios (6+ Properties)
Managing a larger portfolio? We keep fee structures transparent with zero hidden surprises:
- First 5 Properties: Fully covered under our standard Portfolio Package (£95/month).
- Each Additional Property: Simply add +£15/month (No VAT) per additional rental unit.
- Example: A 7-property residential portfolio is £125/month (£95 base + £30 for 2 additional units).
Jointly Owned Properties (Spouses & Partners)
Our standard packages include one primary Self-Assessment tax return. If rental properties are jointly owned with a spouse, civil partner, or co-investor requiring a second SA100/SA105 submitted to HMRC, a discounted joint-filer add-on applies:
- Second Joint Return: Add +£15/month (or £150/year billed at year-end).
- Includes: Full property profit apportionment and Form 17 beneficial interest review.
Property Types & Specialist Asset Scope
Standard package fees apply to single-household residential Assured Shorthold Tenancies (ASTs) and private standard residential lets.
Add +£15/month per HMO property to cover multi-room tenancy schedules, room-by-room revenue reconciliations, and complex communal utility recharges.
Furnished holiday accommodation (FHL) is quoted transparently based on booking volume, channel manager integrations (Airbnb, Booking.com), and VAT thresholds.
Section 24 Tax Comparison —
Personal Ownership vs. SPV Limited Company
HMRC’s Section 24 rules permanently restrict mortgage interest deductions for individual landlords across Chester, the Wirral, and Liverpool. Compare your estimated personal tax exposure against operating within an ACCA-structured Limited Company SPV.
Mortgage interest is not tax-deductible as a commercial expense. You are taxed on turnover, receiving only a restricted 20% basic rate tax credit.
Mortgage interest is 100% deductible as a legitimate business expense prior to Corporation Tax, protecting your rental cash flow.
*Estimates model corporate profit sheltering within a property SPV for capital reinvestment, mortgage principal paydown, or portfolio scaling. Personal income taxes apply if profits are drawn as director dividends. Consult our ACCA team for exact numerical modelling tailored to your specific income and CGT/SDLT transfer relief eligibility.
Thinking of Using a Limited Company
for Your Properties?
With Section 24 mortgage finance relief restrictions fully in force, property investors across Chester, the Wirral, and Liverpool are increasingly expanding portfolios via a dedicated Limited Company Special Purpose Vehicle (SPV).
Operating through an SPV allows your business to deduct 100% of mortgage finance costs as legitimate commercial expenses and pay Corporation Tax (from 19%) rather than higher-rate personal Income Tax. Moving existing properties requires a bespoke commercial appraisal of Stamp Duty Land Tax (SDLT) and Capital Gains Tax (CGT) before transfer.
Need Advice? Tax Efficiency Review
Book our dedicated Portfolio Tax Review for £250 (No VAT). We model the mathematical reality across your portfolio to determine whether an SPV structure genuinely saves money after accounting for commercial refinancing rates, legal transfer fees, and SDLT.
Ready to Incorporate? SPV Formation
We handle the statutory setup of your corporate property SPV, configuring the exact specialist SIC codes (68100 Buying/Selling Real Estate & 68209 Other Letting/Operating) mandated by specialist buy-to-let mortgage lenders.
Already Have an SPV?
We provide dedicated corporate property accountancy scaled to your company's actual transaction volume and operational holdings with zero added VAT:
Holding SPV / Baseline
Designed for property holding companies or SPVs managing a single rental unit with standard mortgage facilities and predictable transaction volumes.
- Full Corporation Tax computation & electronic CT600 return filing
- Statutory year-end accounts, balance sheet, and notes (iXBRL standard)
- Annual Confirmation Statement (CS01) preparation & submission included
- Director Loan Account (DLA) capital tracking & funding reconciliation
Active / Multi-Asset SPV
Engineered for active property SPVs managing multiple residential tenancies, ongoing property refurbishments, or multi-lender commercial finance facilities.
- Includes all statutory baseline SPV compliance and CT600 filing
- Multi-unit rental reconciliations and tenant security deposit accounting
- Capital vs. Revenue refurbishment expense auditing (AIA & full expensing)
- Director loan account, investor debt interest, and equity capital tracking
Important Property & Tax Information
Property Sales & Capital Gains Tax (60-Day Returns)
Annual accounts include statutory year-end disposal declarations. However, HMRC’s mandatory 60-Day UK Residential Property CGT Return (required within 60 days of legal completion for taxable disposals) is a separate real-time service. Standalone 60-day CGT calculations and filings start from £350 per disposal (No VAT).
100% Direct Data Ownership & Software Licensing
Subscriptions to cloud accounting software (e.g. Xero) are held directly in your company's name. We mandate direct client licensing so you retain 100% legal ownership and control of your corporate financial ledgers with zero accountant platform lock-in.
Bookkeeping Standards & Reconciliation Quality
Fixed compliance retainers assume digital transactions, rental statements, and bank feeds are kept reconciled. If historical records require substantial clean-up, missing receipt chasing, or backlog repair prior to submission, a transparent Bookkeeping Rescue fee will be agreed upfront.
In-Depth Package Breakdowns:
Exactly What You Get
We believe expert property accounting should be completely transparent. When you partner with Phillips & Co on an ongoing monthly retainer, you are not simply purchasing an annual tax filing—you are gaining a dedicated property tax department across Chester, the Wirral, and Liverpool with zero added VAT. Explore our comprehensive module breakdowns below to see the administrative heavy lifting we manage at every tier.
The Essential Package
The foundational property tax compliance framework, expertly designed for private landlords managing 1 to 2 rental properties who want absolute peace of mind, allowable expense maximisation, and zero surprise tax bills.
Property Accounts Preparation
- Allowable Expense Audits: Rigorous examination of letting agent statements, safety certifications (Gas Safe, EICR), landlord insurance, ground rents, and service charges to ensure maximum profit reduction.
- Section 24 Finance Relief: Precise mathematical computation of your 20% basic rate tax reducer on mortgage interest, protecting against overpayments.
- Repairs vs Capital Renewals: Accurate distinction between revenue repairs (100% tax-deductible immediately) and capital improvements for future CGT relief.
Self-Assessment Tax Return (SA105)
- Multi-Income Integration: Seamless integration of net rental profits alongside your PAYE salary, corporate dividends, pension income, and savings.
- HMRC Digital Gateway Filing: Full preparation and direct electronic submission of your SA100 return and SA105 UK property schedules.
- Advance Liability Notices: Clear, plain-English tax summaries detailing exact amounts owed and statutory payment timetables well ahead of deadlines.
Year-Round Proactive Support & Representation
- Dedicated Property Accountant: Direct access to an ACCA property tax specialist who understands local rental yields across Chester, Wirral, and Liverpool.
- Official HMRC Agent Representation: Full authority to liaise with HMRC on your behalf, handling compliance checks and routine queries so you never sit in call queues.
The Portfolio Package
Engineered specifically for expanding landlords managing 3 to 5 rental properties. (Portfolios of 6+ properties: Add £15/month per additional rental unit).
Multi-Property Financial Apportionment
- Unit-by-Unit Yield Tracking: We track income and expenditure for each rental property separately, giving you true clarity over individual property performance and net yields.
- Shared Overhead Allocation: Systematic apportionment of portfolio-wide insurance, management fees, and travel costs across individual property records.
- Replacement of Domestic Items: Accurate claiming of relief for replacing furniture, white goods, and appliances across multiple tenancies.
Cloud Integration & SPV Advisory
- Cloud Software Integration: Seamless linking with your direct cloud accounting software (e.g. Xero), ensuring live bank feeds reconcile cleanly.
- Direct Data Ownership: Subscriptions remain held directly in your name, guaranteeing 100% legal ownership of your records with zero accountant lock-in.
- SPV Transfer Appraisals: Ongoing reviews analyzing whether future portfolio acquisitions should be structured through a Limited Company SPV.
The MTD Compliant Package
Total statutory compliance with HMRC digital reporting mandates. Built for landlords with qualifying gross rental turnover over £50,000 who are bound by MTD for ITSA, and investors over £30,000 securing systems ahead of the April 2027 rollout.
Making Tax Digital Quarterly Submissions
- 4x Quarterly Digital Updates: Rather than a single retrospective annual return, we reconcile and submit your mandatory digital property income and expense summaries to HMRC every three months.
- Year-End Final Declaration: We prepare and submit your statutory Final Declaration—reconciling all four quarterly updates and accounting adjustments into your definitive tax computation.
- Penalty Points Shield: Complete audit protection against HMRC’s points-based late submission penalty regime.
Digital Linking & Audit Trail Protection
- Compliant Digital Links: We connect HMRC-compatible filing software to your cloud ledgers, maintaining unbroken digital links without manual cut-and-paste.
- Automated Receipt Workflows: Setup of automated digital capture tools to record contractor invoices, materials, and certificates on your phone.
- Real-Time Tax Visibility: Continuous monitoring of your tax liabilities throughout the trading year to eliminate end-of-year cash flow surprises.
Ready to Optimise Your Property Portfolio Tax?
Across Chester, Wirral & Liverpool
Whether you own a single buy-to-let, operate through a dedicated Limited Company SPV, or need seamless compliance for mandatory MTD for ITSA digital reporting—our ACCA chartered certified team makes property accounting transparent, tax-efficient, and stress-free across Chester, the Wirral, and Liverpool with zero added VAT.