A tech company says it has a product with the “potential” to save landlords thousands.

A firm called Taxd has created what it calls “a simple tech-led platform to let landlords operating through a limited company file for just £299.” 

Using that it describes as a jargon-free form requiring simple information like income and expenses to help them file, the application does not need to build a balance sheet nor know profit or loss. 

“As long as they have their income, expenses and completion statements from their property purchase, Taxd can help them file. It even flags areas where landlords can save on their taxes by claiming expenses and receives final checks from a human for the ultimate peace of mind. For cash-strapped landlords, this is transformational, reducing accountancy spend, saving time and increasing profits.”

The company claims “the significant saving made by using Taxd’s technology is a game-changer, allowing many landlords to continue to benefit from their portfolio without accountancy fees eating into their investments.”

‘We are confident that this product will be a game-changer for landlords looking to get more from their investments. Although the step to stop using traditional accountants is daunting for some, the simplicity of our systems, affordability and speed of the returns have led to huge demand for the creation of this product’ says Eamon Shahir, Taxd co-founder.