At Plan-A, we offer expert accounting and tax services specifically tailored for landlords of furnished lettings. Whether you’re renting out a single property or managing a portfolio, our services help you navigate tax regulations, maximize your income, and maintain compliance with HMRC rules. Here are the key benefits of using Plan-A for your furnished lettings
Renting out furnished properties has specific tax rules that differ from unfurnished or commercial properties. Plan-A ensures that you benefit from all the available tax allowances, particularly those related to furnished lettings, such as the Replacement of Domestic Items Relief.
Plan-A helps you maximize the profitability of your furnished lettings by ensuring that you claim every possible expense and relief. We also provide strategic advice on how to structure your lettings to make the most of tax efficiency.
If you decide to sell your furnished property, you’ll likely be subject to Capital Gains Tax. Plan-A provides expert advice on how to minimize your CGT liability and make the most of your property investments.
At Plan-A, we offer comprehensive services designed to make managing your furnished lettings easier and more profitable. From optimizing your tax position to ensuring compliance with regulations, we take the burden off your shoulders, leaving you free to focus on growing your property portfolio. Let us help you maximize the returns on your furnished property investments.