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  • Tax

    HMRC Let Property Campaign ramping up

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    Coming soon Investorsk8.com

    Wisdom - an integration of knowledge, experience, and deep understanding that incorporates tolerance for the uncertainties of life as well as its ups and downs. 

    Seems like further crackdowns of Buy2let landlords

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    As Vanessa states, HMRC have recently sent out a huge batch of Let Property Campaign letters.  These have been going out in batches over the last few years, but this most recent batch appears to be particularly large.  This is no doubt due to the sheer success HMRC are having with this campaign in retrieving backdated taxes from those landlords who have undeclared rental profits in the past.

    To illustrate, in case you have been affected by this, an example of the letters currently being sent out is below:


    Should you require any assistance, please do not hesitate to contact RITA4Rent using the contact details per our signature strip below.  We have had great success with the Let Property Campaign and always happy to help landlords bring their affairs back up to date.  Vanessa has provided some useful links in her original post, and it would be advisable to have a look through these too so as to gain a good grounding on the campaign.

    Best wishes,

    RITA4Rent 

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    RITA4Rent (Rental Income Tax Advisors)

    Specialists in Landlord Taxation

    Recommended tax advisors of the Residential Landlords Association

    Follow us on Twitter @Rita4Rent

    clients (at) rita4rent (dot) co (dot) uk

    http://www.rita4rent.co.uk