UK RESIDENT LANDLORDS

FEES FOR TAX SERVICES

We undertake to prepare the UK Income Tax Returns of UK resident landlords from the information supplied by the client and by their lettings agent. We rely upon the information being provided to us being complete, accurate and timely in its submission. We cannot be held responsible for the consequences of inaccurate, incomplete or late submission of data to us. We reserve the right to charge an additional fee where the information supplied is incomplete, inaccurate or late.

We endeavour to handle the taxation affairs of UK resident landlords on our fixed fee basis. The current fixed fee is as follows:

SINGLE LANDLORD WITH SINGLE PROPERTY
£365 per year
second return for joint owner
£80 per year
EACH ADDITIONAL PROPERTY FOR THE SAME LANDLORD
£50 per year
members of an employee share scheme
£125 per year
Pension tax relief restriction (normally for UK residents with income over £150k only)
£65 per year
Capital gains Tax included in the SA return
£150 per year
mid-year CGT return (non-residents only until 2019)
£150 per disposal
ATED relief declaration (companies and trusts only)
£150 per declaration

The fees above cover most circumstances. Occasionally a transaction will be considerably more complicated and the above scale will not apply. If this is the case we will agree a fee with you before commencing work.

Our fixed fee arrangements only relate to landlords with investment income and salary or pension but with no other business or trading income, and to whom one questionnaire is submitted and answered promptly each year, and who approve the tax return promptly on submission. This is normally sufficient to deal with the taxation compliance of landlords. Any landlord requiring more than this level of service may be charged an additional fee on a time-cost basis at the prevailing rates, by prior arrangement.

Other items by prior agreement

∗ We reserve the right to change our Terms & Conditions without notice.