30 May 2007
Buy to let
The Times has reported ('Thousands of buy-to-let families face tax shock', 29 May 2007) that 'The taxman is preparing to clamp down on tens of thousands of buy-to-let property owners who may not have paid enough tax … HMRC have identified 80,000 landlords who may have claimed too much tax relief or have failed to declare the amount of rent they receive from the property, or a capital gain made on the sale of the property'. In this respect, HMRC have advised Taxation:
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
