taxes

HMRC

HMRC clamps down on undeclared rental income

Since the government launched its Let Property Campaign in 2013 – an initiative which allows landlords to declare unpaid tax in return for a discounted penalty - more than 58,000 disclosures have been made to the authority and approximately £250 million has been recovered in unpaid taxes.

Despite this success, HMRC has been intensifying its efforts to track down landlords with...