Chartered Accountant - HMO Investor - Straight Talker

Hello... I'm Clive Cass

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I’m Clive — a qualified Chartered Accountant and hands-on property investor with over 30 years’ experience helping people make smarter financial decisions and build long-term wealth.

My day-to-day work is split between:

Investing in high-yield HMO properties across the North West and Yorkshire

Advising landlords, builders, and small businesses on tax, accounting and compliance

And I love both.

Because I believe smart property investing and smart tax planning go hand-in-hand — and most people don’t get either right.

What

Let me work with you on property, tax or accountancy and I am sure I can make a measurable difference to your wealth as you look to achieve your financial freedom through property investment.

Why

Work with me in the knowledge that I myself do exactly what I will advise you to do. So if it is good enough for me, I am confident it will be good enough for you.

When & How

I work full time and will be very responsive to all your communications. I always get things done and you will always work directly with me. We can work via email or in person and I am always happy to answer all of your questions.

I’ve built a growing portfolio of Family Buy-to-Lets (FBTLs) and HMOs, carefully selected and professionally managed for strong, consistent returns.

I don’t chase “get rich quick” deals. I invest in quality housing, in real locations, for long-term income.

Most importantly: I invest using the same strategies I recommend to my clients.
If I wouldn’t do it with my own money, I won’t suggest it with yours.

Property Investing with a Numbers-First Mindset

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Tax & Accountancy That Actually Makes Sense

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I run a long-standing accountancy practice working mainly with:

Property investors & landlords

Builders and tradespeople

Self-employed professionals

Whether you need help with Making Tax Digital (MTD), claiming allowable property expenses, or just understanding your books — I make it simple, accurate, and jargon-free.

As a landlord myself, I understand your challenges better than most accountants do.

I’m not a flashy guru or a corporate firm. If we work together, you’ll speak to me directly — not a bot, I'm not a call centre.

I return calls. I answer questions. And I care about long-term partnerships, not quick wins.

If you’re looking for:

A hands-free HMO investment

Expert tax advice tailored to landlords

Someone who actually does what they preach

…then let’s talk.

A Personal, Straightforward Approach

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Elite Broker Blogs

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Flat management companies & tax

Property Investing| Accounting

June 26, 2026•2 min read

Flat management companies & tax

If you own or manage a flat management company, it's important to be aware of the various tax implications. This fact sheet will highlight some of the key taxes that you need to be aware of, as well as some helpful tips on how to minimize your tax liability. By understanding the basics of taxation for flat management companies, you can ensure that you are in compliance with the law and avoid any penalties.

Corporation Tax

Most flat management companies are subject to Corporation Tax at a rate of 19%.

Many of these companies are set up under The Right to Manage (RTM), which is a process that lets qualifying leasehold tenants take over the management of their building, even without the agreement of the landlord. The tenant(s) must have been a property resident for at least 12 months, and the property must be their only or main home. To set up a flat management company, you must follow the normal process for setting up a private limited company.

If the following conditions apply, you may not need to complete Corporation Tax Returns or pay Corporation Tax:

The only income received by the company is the service charges paid by the property owners.
The income is spent on the day-to-day maintenance and management of the complex.
Surplus income is transferred to deferred income for future maintenance expenses.
No deposit interest is earned in the year.

Company Tax Return

Flat management companies must send a Company Tax Return to HM Revenue & Customs (HMRC) no later than 12 months after the end of their first financial year. This is because HMRC might decide that the company is dormant, which means that you wouldn’t need to submit returns from this company in future years.

HMRC may consider your company as dormant if the company does not:

●Allow directors who aren’t residents or leaseholders to be appointed in its articles of association.

●Do more than manage the property in the interests of shareholders.

●Make a profit.

●Need to pay more than £100 in Corporation Tax in a year.

●Get any income from land.

●Pay dividends or other payments from profits to shareholders.

●Own any assets it is likely to dispose of which would give rise to a chargeable gain.

●Make payments that need to be taxed.

HMRC will send you a letter if they consider your company dormant.

If any of the above criteria apply to your business or if HMRC does not confirm that they think the company is dormant, then you will need to complete yearly Company Tax Returns.

If HMRC has previously confirmed that the company is dormant and then the company starts doing any of the things listed above, they will need to submit a new Company Tax Return.

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Clive Cass

Clive Cass is a Chartered Accountant & Property Investor who shares his insights into the world of Property Investing. Read along with him as he breaks-down all the facts, information and legislation into easy to follow blog posts.

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