
Tax on rental income
If you receive income from renting out property, it is important to understand your tax obligations and the reliefs that may be available. Rental income is generally taxable, although landlords can
I will meet with you to discuss solutions for your business and give full training if you wish to apply the solutions yourself or I am happy to take the burden, allowing you to concentrate on what you do best.

Preparation and submission of statutory year end accounts and corporation tax returns.

Completion and submission of all required returns to HMRC for payroll and Construction Industry Scheme (CIS) reclaims and payments.

Preparation of year end profit and loss statements and submission of personal tax returns.
LW Accounting and Business Services Ltd is licensed and regulated by AAT. AAT is recognised by HM Treasury to supervise compliance with the Money Laundering Regulations.
Company Registration Number 13340888 | VAT Number 440167029







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If you receive income from renting out property, it is important to understand your tax obligations and the reliefs that may be available. Rental income is generally taxable, although landlords can

A reminder that the tax rules for how online platforms report seller information to HMRC changed on 1 January 2024. Digital platforms such as eBay, Vinted and Airbnb are required to collect and verify

If you are self-employed, claiming all of your allowable business expenses can significantly reduce your tax bill. For example, if your business turnover is £40,000 and you have £10,000 of allowable
LW Accounting & Business Services will be closed from 4th June to 23rd June inclusive.
All enquires and messages will be responded to on the 24th.
Thank you for your understanding.