rental income

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...

Covid rental arrear woes start to ease for UK landlords property

Covid rental arrear woes start to ease for UK landlords

Research by the nationwide buy-to-let specialist, Sequre Property Investment , has revealed that the tide of pandemic rental arrear woes that have impacted one in five landlords could be starting to turn, as the majority are now seeing a reduction in the level of late rental income owed to them.

The survey of nearly 4,000 UK landlords commissioned by Sequre Property Investment found...