At Premier Tax Solutions, we help landlords every month navigate HMRC’s Let Property Campaign, a disclosure opportunity designed to help individuals get their tax affairs in order without facing harsh penalties.
What Is the Let Property Campaign?
HMRC’s Let Property Campaign is for individual landlords who have undeclared rental income from UK or overseas residential properties. Whether you’ve rented out a single property, multiple homes, or even a room in your main residence, you may need to disclose unpaid tax.
You’ll have 90 days to calculate and pay what you owe once you notify HMRC of your intention to disclose. Acting now can significantly reduce penalties—and avoid the risk of criminal prosecution
Common Reasons for Disclosure
We often hear from clients who:
- Thought they weren’t making a profit and didn’t need to report.
- Inherited a property and didn’t realise it was taxable.
- Sold a rental property and didn’t report the disposal.
These are genuine misunderstandings, and HMRC recognises that. That’s why the campaign exists—to help landlords correct errors without fear.
How We Help
Our team is well-versed in the process. We:
- Prepare rental profit calculations and tax liability spreadsheets.
- Handle interest and penalty computations.
- Submit disclosures and liaise with HMRC on your behalf
We’ve successfully settled cases with HMRC for clients across Stoke-on-Trent and beyond, including those with prompted and unprompted disclosures.
Why Act Now?
The sooner you disclose, the better your outcome. HMRC is actively identifying landlords with undeclared income, and voluntary disclosure leads to lower penalties.
If you’re unsure whether you need to disclose, we offer a free initial consultation via a 15 minute discovery call which you can book here.
