LET PROPERTY CAMPAIGN
Sometimes life takes over, and if you have fallen behind with your tax returns for whatever reason, then there is an amnesty campaign run by HMRC specifically for Landlords. Under the Let Property Campaign we can assist you with making a disclosure to HMRC to address the historic tax years involved, and to settle any overdue tax which may be owed.
It is always advantageous to approach HMRC first and make a voluntary disclosure. While there are still penalties levied against all payments of overdue tax, the penalties are much lower if you contact HMRC first and enrol under their relevant campaign.
At UK Tax Returns we can oversee the entire process of enrolling you for the campaign, preparing the figures needed to make a full disclosure, and dealing with HMRC throughout the remainder of their enquires. When multiple tax years are involved we understand that this can often be a stressful prospect for our clients, and so we are here to assist you every step of the way and explain the process. We will always quote you with a fixed fee in advance for our assistance, so you have full peace of mind when engaging our services.
Please speak to us today regarding any potential disclosure that may be required in the utmost confidence.