#companytaxreturns #landlords #propertyinvestment

Are you a new limited company landlord dreading your first tax return? Putting it off could cost you big time in penalties and stress.

In episode #10 of The Property Tax Show, Provestor CEO, James, and Head of Tax, Nadeem, reveal the 3 most common and costly mistakes landlords make when filing their first company accounts and tax returns:

00:00 Introduction
00:51 Mistake 1: Not filing accounts because you think you don't need to
03:22 Mistake 2: Underestimating what's involved in managing company compliance
11:01 Mistake 3: Not keeping proper records
17:10 Limited company FAQs

We'll explain why these errors are so detrimental and share our tips on how to avoid them. Missing tax deadlines can lead to fines of up to £1,500 and even get your company struck off!

Don't lose out on the tax benefits of operating as a limited company. If you're feeling overwhelmed about your company's finances and compliance, Provestor can help:

➡️ Provestor's smart tax software helps you easily manage bookkeeping, expenses, and file company accounts and tax returns yourself for just £14.99/month. Learn more: https://bit.ly/3UmsSVF

➡️ Our property accounting team provides full-service accounting and tax advice tailored for limited company landlords from £89. Learn more: https://bit.ly/49ROH44

Tackle your taxes head-on! Watch now and get your property business on the right track from day one.

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PROVESTOR - THE PROPERTY ACCOUNTANTS

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