Understanding the Let Property Campaign
If you are a landlord in the UK, you may have heard of the Let Property Campaign. This is an initiative from HM Revenue and Customs that gives individuals the chance to bring their tax affairs up to date if they have undeclared rental income. For many landlords, the idea of dealing with HMRC can feel daunting. Especially if they receive a letter suggesting that not all of their rental income has been reported. However, understanding how the Let Property Campaign works can make a big difference the outcome.