Property Management Companies

Accountancy for Property Management Companies

Stealth Bookkeeping has experience dealing with Property and Flat Management Company accounting.

With many parties involved and a complex tax system it is reassuring to have an experienced property management accountant on your side.

 

Property management companies are set up as a convenient way for residents in a block of flats or properties to manage shared expenses such as insurance, roof repairs and communal cleaning.

 

In a typical company, each owner will have one share in the property management company. The residents will elect directors to deal with the formalities of the company, setting an annual service charge that every flat owner will be required to pay.

 

These companies are governed by the Companies Act just like any other company and so must prepare and file annual accounts.

 

We offer a client-focussed approach to your property management accounting needs and pride ourselves on making the process as easy for our clients as possible.

 

Offering a full range of services we cover:

  • Submission of annual accounts to Companies House
  • Submission of company tax returns to HMRC
  • Use of our address as the registered office address

 

We offer a straightforward, honest service with no unexpected fees; just the type of quality service you’d expect from a small but highly experienced team.

 

For an additional small monthly fee, property management companies have the option to utilise one of our recommended cloud accounting services. This means that you’ll be compliant with Making Tax Digital (MTD) and your accountant will have full visibility of your company’s finances 24/7.

 

Our team understand accounting requirements that go hand in hand with operating a property management company, providing a competitive and personal service.

 

We offer our services throughout the UK. Get in touch with us now to discuss how we can help.

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