HMRC Let Property Campaign: Disclose Property Income
HMRC
Let Property Campaign
Need To Declare Income From Property?
If you need to disclose previously undeclared property income, then the HMRC let property campaign could be for you. You may have even received a letter from HMRC instructing you to make a disclosure.
Brings your tax affairs completely up to date, using a structured HMRC disclosure process.
Suitable for deliberate and non-deliberate property tax irregularities.
Declare untaxed income from a single property or multiple properties within the last 20 years.
The HMRC Let Property Campaign is an efficient disclosure process, lasting only 90-days.
Need To Declare Income From Property?
If you need to disclose previously undeclared property income, then the HMRC let property campaign could be for you.
You may have even received a letter from HMRC instructing you to make a disclosure.
Managed properly, the Let Property Campaign has several key benefits:
• Brings your tax affairs completely up to date, preventing criminal prosecution.
• Suitable for deliberate and non-deliberate property tax irregularities.
• Allows you to declare untaxed income from a single property or multiple properties within the last 20 years.
• Provides a structured process, lasting only 90-days.
What Is The HMRC Let Property Campaign?
The HMRC Let Property Campaign is a disclosure process that enables individuals to bring their tax affairs up to date. It’s specifically designed for people who need to disclose income from property – such as undeclared rental income.
We routinely use the facility on behalf of our clients with great success; the Let Property Campaign is an efficient process that allows our clients to bring their tax affairs up to date and quickly move on with their lives.
What Is The HMRC Let Property Campaign?
The HMRC Let Property Campaign is a disclosure process that enables individuals to bring their tax affairs up to date. It’s specifically designed for people who need to disclose income from property – such as undeclared rental income.
We routinely use the facility on behalf of our clients with great success; the Let Property Campaign is an efficient process that allows our clients to bring their tax affairs up to date and quickly move on with their lives.
Why Should I Use The HMRC Let Property Campaign?
Tax evasion is a criminal offence that can result in prison in the most serious of cases. The Let Property Campaign provides you with the opportunity to bring your taxes up to date and avoid the potential for criminal prosecution moving forward.
It’s possible that HMRC may have written to you, inviting you to make a disclosure. This is usually because HMRC holds information relating to your tax affairs and believes that you may need to disclose property-related income. If this is the case then it’s extremely important that you seek professional help and disclose to relevant income as soon as possible.
If you believe that you may need to make a disclosure, or have received a letter from HMRC, please contact us for a free, no-obligation consultation with a professional – you have nothing to lose by getting in touch.
Why Should I Use The HMRC Let Property Campaign?
Tax evasion is a criminal offence that can result in prison in the most serious of cases. The Let Property Campaign provides you with the opportunity to bring your taxes up to date and avoid the potential for criminal prosecution moving forward.
It’s possible that HMRC may have written to you, inviting you to make a disclosure. This is usually because HMRC holds information relating to your tax affairs and believes that you may need to disclose property-related income. If this is the case then it’s extremely important that you seek professional help and disclose to relevant income as soon as possible.
If you believe that you may need to make a disclosure, or have received a letter from HMRC, please contact us for a free, no-obligation consultation with a professional – you have nothing to lose by getting in touch.
How Do I Make A Disclosure Under The HMRC Let Property Campaign?
Although not a strict requirement, it’s advisable to consult with a tax disclosure specialist before undertaking any HMRC tax disclosure. That way, you can be sure that the disclosure process will run as smoothly as possible and you won’t encounter any unexpected hurdles along the way.
A disclosure relating to property income is generally initiated by using an online portal called the Digital Disclosure Service – or DDS for short.
If you need to apply to make a disclosure relating to untaxed property income, please contact us for a free, no-obligation consultation with our disclosure experts – they’ll be able to talk you through the entire application process.
How Do I Make A Disclosure Under The HMRC Let Property Campaign?
Although not a strict requirement, it’s advisable to consult with a tax disclosure specialist before undertaking any HMRC tax disclosure. That way, you can be sure that the disclosure process will run as smoothly as possible and you won’t encounter any unexpected hurdles along the way.
A disclosure relating to property income is generally initiated by using an online portal called the Digital Disclosure Service – or DDS for short.
If you need to apply to make a disclosure relating to untaxed property income, please contact us for a free, no-obligation consultation with our disclosure experts – they’ll be able to talk you through the entire application process.
What Information Do I Need When Making A Let Property Campaign Disclosure?
When making a disclosure under the Let Property Campaign, you’ll want to have as much information to hand as possible. This commonly includes details of income and expenditure – such as letting income statements and bills for maintenance & repairs.
It goes without saying that you won’t want to pay any more tax than you have to, and having access to accurate information will greatly assist your adviser in this regard.
To find out what expenses can be claimed to reduce your tax liability, please contact us for a free, no-obligation consultation with our disclosure experts.
We Can Help You: Expert Advice…
We help clients just like you to overcome all manner of complex tax problems – such as disclosures under the Let Property Campaign.
During your free initial consultation, our specialists will build an understanding of your case and formulate a strong plan of action to resolve the issues you’re facing.
Free consultations are offered on a first-come-first-served basis. Please call us now: 01656 508461 or click the button below to book a call.
What Information Do I Need When Making A Let Property Campaign Disclosure?
When making a disclosure under the Let Property Campaign, you’ll want to have as much information to hand as possible. This commonly includes details of income and expenditure – such as letting income statements and bills for maintenance & repairs.
It goes without saying that you won’t want to pay any more tax than you have to, and having access to accurate information will greatly assist your adviser in this regard.
To find out what expenses can be claimed to reduce your tax liability, please contact us for a free, no-obligation consultation with our disclosure experts.
We Can Help You: Expert Advice…
We help clients just like you to overcome all manner of complex tax problems – such as disclosures under the Let Property Campaign.
During your free initial consultation, our specialists will build an understanding of your case and formulate a strong plan of action to resolve the issues you’re facing.
Free consultations are offered on a first-come-first-served basis: please contact us for a free, no-obligation consultation with our disclosure experts, or click the button below to call us now.