Homeowners who rented out properties during the Commonwealth Games are being reminded by HMRC of their tax responsibilities.
Anyone who rented out properties during the games as a short-term let may need to tell HMRC about any income they have received by filing a self-assessment tax return. More information on renting out property or becoming a resident landlord can be found online.
To help ensure homeowners report their income correctly and do not make mistakes on their tax returns HMRC has been working closely with three leading online booking platforms to share information and advice direct to taxpayers about their tax responsibilities.
An HMRC spokesperson said: ‘We want to make sure those who let out their property during the games are fully aware of what tax they need to pay and how they can pay it – and help make it as easy...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.