What is the HMRC Let Property Campaign?
The Let Property Campaign is a disclosure facility offered by HMRC to report rental income that has not previously been declared to HMRC.
Eaves and Co have specialist tax advisors available that can help you through every step of the process. Our team can enter and assist at any point during the process, but this usually occurs when:
- The second property owner has become aware on their own that they need to report the rental income to HMRC
- Because the second property owner has received a letter from HMRC.
We can help in either instance by calculating the profits, tax due, penalties and any interest accrued by the second property . This will include helping to maximise available reliefs, and building a good case with HMRC for the lowest penalties we can. We would then submit this in a disclosure to HMRC.
Learn more about the Let Property Campaign
To learn more about the Let Property Campaign you can visit the HMRC website: https://www.gov.uk/government/publications/let-property-campaign-your-guide-to-making-a-disclosure/let-property-campaign-your-guide-to-making-a-disclosure
Let the professionals handle it
Eaves and Co are a team of specialist tax advisers who offer the extensive list of services to individuals, professionals and businesses for more information on how we can assist you with your Let Property Campaign related query, please contact a member of our team and arrange a consultation: Contact us