Accounting and Tax
Q: Do I pay Income Tax?
A: Yes - but only after all tax deductions have been applied.
Q: Do I really need an accountant?
A: It's so important to have the right accountant. It's best if they understand property investment and everything involved with it plus own property themselves.
They can help you greatly if you tell them what your plans is as most accountant's work on the past, not the future. Specialist accountants are worth their weight in gold.
Q: How do I find an accountant, and how will I know if they are the right one?
A: We can refer an accountant that is suitable for you.
Q: How much do they charge?
A: This will vary on amount work required.