Do you know anyone who rents out a property?
Home > Do you know anyone who rents out a property?

Anyone who receives income from letting a property has to declare it to HMRC even if you don’t make a profit. This needs to be done everey year on a self assessment tax return.

The deadline for submitting tax returns for 2011/12 has just passed so if you have missed you will have incurred a £100 penalty. However, all is not lost but you need to act quickly to avoid further fines and penalties.

We can help with our Landlord Accounting and Tax service. For further information click here or contact us by clicking here if you woud like to talk to us about your tax.

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