Another Clampdown On UK PRS Landlords By HMRC
HMRC has turned its attention to the housing and property rental market with the intention of targeting landlords, again.
The taxman thinks that there are a number of UK private rented sector (PRS) landlords who have yet to declare any income earned from renting properties to tenants, […]
HMRC Targeting PRS Landlords Again
Another Clampdown On UK PRS Landlords By HMRC
HMRC has turned its attention to the housing and property rental market with the intention of targeting landlords, again.
The taxman thinks that there are a number of UK private rented sector (PRS) landlords who have yet to declare any income earned from renting properties to tenants, and they are going all out to find them.
The latest clampdown on private rented sector landlords by HMRC is intended to target those landlords allegedly not paying tax and the taxman is using information provided by all UK local authorities to track rental properties.
Letting agents and landlords have already started receiving letters from HMRC requesting information on long-term and holiday rental property addresses, letting periods, tenant numbers and rental income.
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