Landlord Accounting Packages
in Chester
As the proactive accountants Chester property investors trust, we deliver expert accountancy for local landlords. Whether you own a single buy-to-let or a large property portfolio, our fixed-fee monthly packages keep you compliant, tax-efficient, and fully protected against the active HMRC digital tax mandates.
Transparent, Fixed-Fee Landlord Packages
We believe expert property accounting should never come with surprise bills. Our transparent, fixed-fee monthly packages give you complete peace of mind, knowing your HMRC compliance, tax returns, and allowable expense claims are fully covered.
Whether you are managing a single buy-to-let, expanding a larger portfolio, or need our dedicated MTD Ready package (specifically designed for landlords with a qualifying property turnover over £50,000 who must now legally comply with the active MTD mandate, and proactive investors over £30,000 preparing for the strict April 2027 rollout), choose the perfect tier for your property business below.
Maximize Your Net Rental Yield: Phillips & Co does not charge VAT on client fees. A £95/month Portfolio package with us costs exactly £95 out-of-pocket — saving property investors 20% compared to standard VAT-registered firms.
Essential
Single Buy-To-Let Investors
- ✓ Annual Accounts for 1 to 2 rental properties
- ✓ One individual Self-Assessment tax return
- ✓ Dedicated accountant & proactive reminders
- ✓ Maximization of allowable rental expense claims
Portfolio
Growing Rental Portfolios
- ✓ Annual Accounts for 3 to 5 rental properties
- ✓ Includes all features from Essential tier
- ✓ Integration with your cloud software
- ✓ Ongoing property tax efficiency support
MTD Compliant
Income Over £30k / £50k
- ✓ Includes all features from Portfolio tier
- ✓ Quarterly MTD update preparation & filings
- ✓ Dedicated MTD tax & cloud software support
- ✓ Full digital record-keeping audit protection
Expanding Portfolios (6+ Properties)
Managing a larger portfolio? We keep pricing completely transparent with zero hidden fees:
- First 5 Properties: Covered under our standard Portfolio Package (£95/month).
- Each Additional Property: Simply add +£15/month per additional rental unit.
- Example: A 7-property portfolio is just £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 your rental properties are jointly owned with a spouse or partner and require a second tax return to be prepared and filed with HMRC, a discounted joint-filer add-on applies (+£15/month or £150/year).
Property Types & Operational Scope
Our standard package fees apply to residential Assured Shorthold Tenancies (ASTs) and standard long-term lets.
Add +£15/month per HMO property to cover multi-room tenancy tracking, room-by-room reconciliations, and utility allocations.
Quoted separately based on monthly booking transaction volume and channel manager/platform integrations.
Section 24 Tax Comparison —
Personal Ownership vs. SPV Limited Company
HMRC’s Section 24 rules severely restrict mortgage interest tax relief for individual property owners. Enter your rental details below to compare your personal tax liability against operating through a dedicated Property Limited Company (SPV).
Mortgage interest is not deductible as an expense; only a 20% tax credit is applied.
Mortgage interest is 100% deductible as a legitimate business expense prior to Corporation Tax.
Thinking of Using a Limited Company for Your Properties?
With the recent restrictions on mortgage interest relief (Section 24), many property investors are choosing to buy and manage their portfolios through a Limited Company (Special Purpose Vehicle).
Operating through a company allows you to deduct 100% of your mortgage interest as a business expense and pay Corporation Tax rather than higher-rate Income Tax. However, the transition requires careful tax planning regarding Stamp Duty Land Tax (SDLT) and Capital Gains Tax (CGT).
Need Advice? Tax Efficiency Review
Book our one-off Tax Efficiency Review for £250. We will run the exact numbers across your portfolio to calculate if an SPV structure genuinely saves you money after accounting for transfer costs.
Ready to Incorporate? SPV Formation
We will securely handle the official setup of your property SPV using the exact specialized SIC codes mandated by mortgage lenders for buy-to-let finance.
Already Have an SPV?
We offer dedicated, transparent corporate property accounting tailored to your company's actual trading activity:
Holding SPV / Baseline
Designed for quiet holding companies or SPVs managing a single rental property with standard mortgage financing.
- ✓ Full CT600 Corporation Tax return
- ✓ Statutory annual accounts preparation
- ✓ Annual Confirmation Statement filing
- ✓ Proactive deadline protection
Active / Multi-Asset SPV
Designed for active property SPVs managing multiple rental properties, ongoing refurbishments, or complex finance.
- ✓ Includes all baseline SPV services
- ✓ Multiple rental unit reconciliations
- ✓ Regular contractor invoice processing
- ✓ Inter-company loans & director drawdowns
Important Property & Tax Information
Property Sales & Capital Gains Tax (60-Day Returns)
Our annual accounts and Self-Assessment returns cover reporting completed disposals on your year-end return. However, HMRC’s mandatory 60-Day UK Property CGT Return (required within 60 days of legal completion) is a real-time filing service handled separately. We offer standalone 60-day CGT calculations and submissions starting from £350 per disposal.
100% Data Ownership & Software Licenses
Subscriptions to cloud accounting tools (e.g., Xero) are strictly held directly by you to ensure 100% direct legal ownership and control of your financial data with zero platform lock-in.
Bookkeeping & Record Quality Standards
Fixed-fee compliance assumes your rental income and expenses are reconciled prior to handover. If records require significant data clean-up or catch-up reconciliations before filing, a one-off Bookkeeping Rescue fee will apply.
In-Depth Package Breakdowns: Exactly What You Get
We believe expert property accounting should be completely transparent. When you choose a fixed-fee monthly package with Phillips & Co, you are not just paying for a year-end tax return—you are gaining a dedicated property tax partner. Explore the comprehensive breakdowns below to see exactly how much administrative heavy lifting we take off your shoulders at every tier, ensuring your rental portfolio remains highly profitable, tax-efficient, and strictly compliant with HMRC.
The Essential Package
The perfect core compliance package for accidental landlords or investors managing 1 to 2 rental properties who want absolute peace of mind and zero surprise tax bills.
Comprehensive Property Accounts Preparation
- Allowable Expense Optimisation: We meticulously compile your annual rental income and rigorously review your ledger to ensure every single allowable property expense is claimed (from maintenance and letting agent fees to insurance and ground rent).
- Mortgage Interest Relief: We calculate your exact financial position regarding the latest Section 24 mortgage interest relief restrictions, ensuring your tax reduction is applied perfectly.
Personal Self-Assessment Tax Return (SA100)
- Tax Calculation: We accurately calculate your exact Income Tax liability, factoring in your property yields alongside your standard employment salary or dividend income.
- Complete Tax Return Filing: We prepare and submit your full Self-Assessment tax return directly to HMRC, providing you with a clear summary of exactly what you owe and precisely when to pay it.
Year-Round Proactive Support & Alerts
- Dedicated Local Accountant: You get a dedicated property tax expert who understands the Chester market and is always available for plain-English advice.
- Deadline Management: We actively chase you for your records well ahead of time, ensuring you never miss an HMRC deadline or face a late-filing penalty.
The Portfolio Package
Built specifically for expanding landlords managing 3 to 5 rental properties. (Portfolios of 6+ properties: Add £15/month per additional property unit).
Multi-Property Financial Apportionment
- Individual Property Tracking: We separate and track the income and expenses for each specific property within your portfolio, so you can see exactly which houses are highly profitable and which are draining your cash flow.
- Complex Expense Allocation: We accurately apportion shared portfolio expenses across your properties, ensuring your tax declarations are mathematically flawless.
Seamless Cloud Integration
- Digital Record Keeping: We seamlessly link our systems to your direct cloud software subscription, ensuring your data remains 100% under your ownership while keeping your bank feeds flawless.
- Scalable Portfolio Management: Built to easily accommodate new acquisitions with transparent +£15/month per-unit scaling.
The MTD Compliant Package
Total compliance with the active HMRC mandate. Designed specifically for property investors with a qualifying turnover over £50,000 who are now legally bound by Making Tax Digital, and those over £30,000 securing their systems ahead of the April 2027 rollout.
Making Tax Digital (MTD) Quarterly Submissions
- Quarterly Digital Updates: Instead of one annual return, HMRC now requires quarterly digital submissions. We process and submit these mandatory rental income and expense updates on your behalf every three months.
- Final Annual Tax Declaration: At the end of the tax year, we seamlessly process your final tax declaration, tying all your quarterly updates into one legally compliant final tax bill.
Dedicated MTD Digital Integration
- Full Digital Integration: We seamlessly link our HMRC-approved filing systems to your direct cloud software subscription, ensuring your data remains 100% under your ownership while meeting strict MTD for ITSA rules.
- Automated Receipt Capture: We help you implement automated receipt capturing tools, meaning you can simply snap a photo of a plumber’s invoice and have it instantly recorded, drastically reducing your administrative hours.
Ready to Optimize Your Property Portfolio Tax? Talk to Our Chester Experts
Whether you own a single buy-to-let, operate through a dedicated property SPV, or need seamless setup for the active MTD for ITSA digital mandate—we make property tax completely transparent, fully compliant, and stress-free.