Industry SpecialistsInstitute of Financial Accountants (IFA)

Property & Landlord Accountants in Glasgow

QA FinTax are specialist property accountants in Glasgow, working with landlords, HMO operators, developers and property investors. We handle what makes property tax hard: Section 24, whether to hold property personally or in a company, LBTT on purchases, and capital gains when you sell.

Glasgow has one of the UK’s largest private rental markets, and property is one of the most heavily taxed areas of business there is. Section 24 quietly raised many landlords’ bills, developers face a different regime again, and the ownership structure you chose years ago may now be costing you. Whether you own one flat or a growing portfolio, we make sure your property business is set up to pay the right tax and no more.

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property accountant Glasgow — QA FinTax, Glasgow

The Tax Challenges Property Businesses Face

  • Section 24 — mortgage interest is now a 20% tax credit, not a deduction
  • Whether to hold property personally or through a limited company (SPV)
  • LBTT and the Additional Dwelling Supplement on purchases (Scotland)
  • Capital gains tax on sale, with a 60-day reporting deadline
  • For developers, whether profits are trading income or capital gains

Which Type of Property Business Are You?

Property is not one tax problem but several — the right advice depends on what kind of property business you run. These are the owners we help most, and the issue that matters most to each.

Property business types and their headline tax issue
You are a…Main tax issue we handle
Buy-to-let landlordSection 24 finance-cost restriction and rental profit
HMO operatorHigher yields, more expenses, and licensing costs
Airbnb / short-term let hostNow taxed as an ordinary property business since the FHL regime ended
Property developerWhether profits are trading income or capital gains
Investor holding through an SPVCorporation tax and extracting profit efficiently
Owner selling upCapital gains tax and the 60-day report
Full detail sits on our landlord & property tax and capital gains tax service pages.

Personal or Company Ownership?

It is the biggest question in property, and there is no universal answer. A limited company (often an SPV) still gets full mortgage-interest relief and pays corporation tax rather than income tax, which can suit higher-rate landlords building a portfolio — but it brings running costs, potential tax on transferring existing properties in, and tax on getting money back out. We model both against your actual position before you commit.

How We Help Glasgow Property Businesses

  • Rental accounts and the SA105 property pages of your return
  • Section 24 relief calculated correctly
  • Advice on personal versus SPV ownership, and incorporating a portfolio
  • Capital gains tax and the 60-day property report on disposals
  • LBTT and Additional Dwelling Supplement planning on purchases
  • Developer accounts, distinguishing trading profit from capital gains

The Services Property & Landlords Businesses Need

Property & Landlords in Glasgow — Frequently Asked Questions

Section 24 stopped landlords deducting mortgage interest from rental income. You now pay tax on the full rent and receive a 20% tax credit for finance costs instead. Basic-rate landlords are broadly unaffected; higher and top-rate landlords pay noticeably more — often the trigger to review your structure.
It depends on your tax rate, how many properties you have, and whether you are reinvesting or drawing income. A company keeps full mortgage-interest relief but adds costs and tax on extracting profit, and transferring existing property in can trigger tax. We model both against your numbers.
LBTT (Land and Buildings Transaction Tax) is Scotland’s version of stamp duty, paid when you buy property. On an additional dwelling — a buy-to-let or second home — the Additional Dwelling Supplement is charged on top. We factor both into any purchase you are planning.
For 2026/27, 18% if you are a basic-rate taxpayer and 24% if you are higher or additional rate, after your £3,000 annual exemption. You must report and pay within 60 days of completion. Our capital gains tax page covers this in full.
Yes. Developers face a different regime — profits are usually trading income rather than capital gains, which changes the tax entirely. We handle developer accounts, VAT on new-builds and conversions, and the trading-versus-investment question that drives the whole tax position.
Yes. Since the furnished holiday lettings (FHL) regime was abolished on 6 April 2025, Airbnb and short-term lets are taxed like any other residential property business — so the old FHL perks no longer apply. We handle the rental accounts, VAT where it arises, and the capital gains position when you sell.

Official sources

Rates and thresholds are stated for the 2026/27 UK tax year and are for general guidance only. They are not a substitute for advice on your own circumstances.

Accountants who understand property & landlords

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Other Industries We Serve

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