
Submitting tax returns is part and parcel of being a landlord and, unfortunately, there’s no way of avoiding it. Even if you have an accountant, you’re still responsible for tracking expenses and submitting evidence.
You can reduce the tax you pay by claiming all allowable expenses. These can be complex to track, but there are ways to make managing your tax return as a landlord easier, from utilising technology (like property management software) to understanding the rules carefully.