Almost 60,000 disclosures have been made to HMRC, including £250m in unpaid taxes, since the UK launched a scheme in 2013. The Let Property Campaign allows landlords to declare unpaid tax in return for discounted penalties.
Donna McCreadie, a specialist Perrys chartered accountants, warned landlords that HMRC has been “intensifying its efforts” in recent months, to “track down” those who have undisclosed income.
Read more at City A.M.
