HMRC Let Property Campaign Disclosure
Landlords have “responded positively” to the HMRC Let Property Campaign that encourages disclosure of past rental profits for tax purposes, according to the Residential Landlords Association (RLA).In fact, the response has been so overwhelming, landlords could face a six month wait for disclosure forms to be accepted. Rita4Rent, the RLA’s tax specialist partner, has spoken directly with the HMRC and has discovered that landlords are flooding the helplines, scrambling to…