UK-based fintech Taxd has launched a new tax product designed specifically for landlords operating through limited companies, promising to slash accountancy costs and help landlords retain more of their profits at a time of growing financial pressure.
With an estimated 400,000 landlords now holding properties in limited companies — a trend driven by tax changes since 2021 — many face high accountancy fees that drain profitability and leave them considering selling their portfolios. Taxd’s new platform, priced at just £299, offers a simpler and more cost-effective solution.
“We are confident that this product will be a game-changer for landlords looking to get more from their investments,” said Eamon Shahir, co-founder of Taxd.
The platform allows landlords to file company accounts using a jargon-free, user-friendly form, only requiring basic details such as income, expenses, and completion statements from property purchases. There’s no need to create a balance sheet or calculate profits — Taxd handles it all, even highlighting potential tax-saving opportunities.
While the technology does the heavy lifting, all filings are reviewed by a human expert for peace of mind. For those still cautious about tech-led tax services, the platform offers a free trial — users only pay when they file.
Soon, Taxd will go a step further, launching an AI-powered tool that can automatically calculate profit and loss based solely on a landlord’s bank statement, increasing accuracy and saving more time.
“Previously, expensive accountants were a painful necessity,” said Arj Kumar, co-founder of Taxd. “But now, technology backed by human expertise is giving landlords more freedom and opportunity to reduce their outgoings.”
Taxd was launched four years ago by Arj Kumar, Eamon Shahir, and James, all ex-PwC accountants. Their mission: to make tax filing more affordable and accessible, particularly for groups historically underserved by traditional accountancy services.
With rising interest rates, tighter regulation via the Renters Reform Bill, and increasing maintenance costs, many landlords are now barely breaking even. For those with limited company structures, Taxd’s solution offers the chance to reduce annual costs, avoid overpaying on tax, and remain in the market without sacrificing profitability.
The platform also provides access to qualified accountants, ensuring landlords who need guidance can still receive expert support.
As landlords face mounting pressure and rising costs, Taxd’s tech-led, human-backed approach offers a much-needed alternative to expensive accountancy services. For landlords seeking to protect their investments and maximise their returns, it could be the timely solution the sector has been waiting for.
