Help with Undeclared Rental Income
If you've received rental income that hasn't been declared to HMRC, it's important to deal with it as soon as possible. The Let Property Campaign gives landlords the opportunity to disclose unpaid tax and bring their tax affairs up to date before HMRC takes further action. In many cases, coming forward voluntarily can lead to lower penalties than waiting for HMRC to contact you.
At Abacus Chartered Accountants and Tax Advisers, we can guide you through the disclosure process and deal with HMRC on your behalf.
How We Can Help
Our team can assist with:
Reviewing your rental income
Calculating any tax owed
Preparing your disclosure
Identifying allowable expenses and reliefs
Communicating with HMRC
Helping you stay compliant in the future
We take a practical approach and explain everything clearly, so you know exactly what needs to be done.
Why Choose Abacus?
Many landlords are unaware that rental income must be declared, especially if they have inherited a property or only rent it out occasionally. Whatever your situation, we'll help you put things right and work towards resolving the matter as smoothly as possible.
Contact Us
If you need advice on the Let Property Campaign, speak to Abacus Chartered Accountants and Tax Advisers today.
Call us on 0121 661 6509
Our team is ready to help you disclose your rental income correctly and deal with HMRC with confidence.