Accidental Landlords Amnesty

/ 11 December 2012

HMRC has announced a tax amnesty for “accidental landlords” – the growing number of homeowners who have been forced to let properties because they are unable to find buyers. Research from Rightmove suggests that there are around 260,000 accidental landlords in the UK.

Source: The Sunday Times

We say: Sadly, this does not mean that HMRC are not charging tax in these circumstances – merely that if you tell them they will go easy on the penalties.