As a landlord, navigating taxes, rental reliefs, and payments can be a minefield. Whether you own one rental property or numerous rental properties, ensuring that your taxes are being paid in full and on time is a must for the smooth running of your rentals- but this is often easier said than done.
Here at Galway Accountancy, we work with landlords and property owners to help you pay tax and claim expenses and reliefs owed in an efficient, reliable, and professional manner.
As well as doing this for you, we work closely with our clients to keep you informed at all times for a reliable and transparent service guaranteed.
Landlords with 1+ Investment Properties
Individuals Renting a Room under the “Rent a Room” Scheme
Individuals Selling Property & Paying Capital Gains Tax
Individuals Offering Short-Term Lets Via Airbnb or Other Booking Sites
Individuals who Need General Advice Regarding Tax, Finances and Renting
Landlords/Clients Requiring Once-Off & Contractual Accounting Services
Full Accountant Outsourcing for Landlords
How much tax do I have to pay on my rented property?
This varies depending on the type of property you have and its value etc. Get in touch with Galway Accountancy today and we’d be happy to help you find the amount of tax you should be paying on a rented property.
Can you look after all rental returns for me?
Yes. As a professional property accountant service, we can look after all rental returns for you to ensure you pay tax in a timely, efficient, and compliant manner.
How do you do bookkeeping for a rental property?
It’s recommended that each rental property you own should have a separate account and that bookkeeping should be done separately for each one. For more information, or to outsource your rental property bookkeeping, feel free to contact the Galway Accountancy team.