If you operate in the property sector, the chances are that your tax bill has increased substantially in recent years.
 
It is not only the increase in the incidence of tax that is an issue for our clients, but the potential for severe penalties should they fail to meet their obligations.
 
Much of our work relates to advice about tax exposure as well as tax mitigation and planning.
 
We are increasingly involved in assisting clients with the digitalization of their book keeping, in anticipation of Making Tax Digital, and often to maximize efficiency.
 
Our recent work has included:
 
  • Advising on the tax consequences of the transfer of a property portfolio to a company.
  • Advising on the optimum structure for an investment portfolio based on short, medium and long-term strategies.
  • Advising on the construction industry scheme rules and regulations particularly as they relate to gross status contractors.
  • Advising on potential inheritance tax exposure, and mitigation, for an estate that includes property investment assets.
  • Advising on the tax consequences of the new loan interest relief rules.
  • Advising a guesthouse about, and setting up their books on, a cloud platform solution, enabling accurate and timely bookkeeping and management information.
  • Advising that same guesthouse on the VAT consequences of receiving letting income via Airbnb as compared to long term lets.
The cloud software ‘revolution’ has enabled us to closely work with our clients whatever their size. We will often advise on, and assist our clients with, the move to the cloud, following which we will collaborate with them, optimizing the efficiency of their book keeping department.
 
Sometimes MJB act as the out sourced book keeping and accounts department for our larger clients.
 
Cloud products are available to assist with the more efficient running of clients’ property businesses. An example is residential lettings management software, providing email arears management, and rent review automation, cloud book keeping integration, and invoicing functionality.
 
Whatever your requirements, only compliance based, or more specialized services, MJB will work with you to understand and deal with your current issues.
 
Please contact us on +0044 20 7628 8080 or This email address is being protected from spambots. You need JavaScript enabled to view it.

CONTACT US

Challoner House,
19 Clerkenwell Close, London, EC1R 0RR
Contact Us: steve@mjb.co.uk
020 7628 8080

SEE LOCATION ON MAP

 
icaew2
 

Newsletter Signup

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the newsletter
» Login