Yesterday i had a call from one of our landlords for some advice, his friend (landlord) has recently received a letter from the HMRC as they suspect him of not declaring or possibly under-declaring rental incomes. Now a batch of letters went out mid last year and from receiving this message i believe another batch of letters to landlords have also gone out, If you have received a letter it could be for the reasons above or that you have not made a voluntary disclosure you could face severe penalties and possible criminal prosecution
Continue reading this blog here: https://warringtonproperty.blogspot.com/2015/04/landlords-have-you-declared-all-your.html