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Let Property Campaign: Specialist Advisers.

Expert help for landlords with undeclared rental income

Loucas

Let Property Campaign: Specialist Advisers

Expert help for landlords with undeclared rental income

Practical, confidential support to put your tax affairs right and move forward with confidence.

Talk to an Expert

Concerned about undeclared rental income?

If you've received rental income that hasn't been declared to HMRC, you're not alone. Many landlords find themselves in this position due to changing circumstances, inherited properties or simply misunderstanding their tax obligations.

Whether you've recently identified an issue or simply want peace of mind that everything is in order, our specialist tax advisers can help you understand your position and guide you through the next steps.

Speak to our tax specialists today.

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Why Choose Loucas?

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Part of a Top 40 UK Accountancy Firm

Specialist Tax Advisers

Nationwide Support

Clear, Practical Advice

Helping landlords get their tax affairs back on track

HMRC's Let Property Campaign gives landlords the opportunity to voluntarily disclose previously undeclared rental income, on their own terms, before HMRC identifies it independently.

Whether you've become a landlord unexpectedly, inherited a property or own rental properties in the UK or overseas, our experienced tax advisers can help clarify your obligations and support you throughout the process.

Once you notify HMRC of your intention to disclose, you'll have 90 days to work out and pay what you owe, so it pays to get advice early and have your records organised in advance.

Our approach is straightforward, practical and designed to give you confidence in dealing with what can often feel like a complex issue.

We don't just work for you, we work with you.

01622 758257

Common reasons landlords need advice

Many people become landlords without realising it comes with tax obligations. Does one of these sound familiar?

  • Former Home Now Let Out You've moved property but retained your previous home as a rental investment.
  • Inherited Property You've inherited a property and are receiving rental income from tenants.
  • Overseas Property You own rental property abroad and are unsure of your UK tax reporting requirements. Even if you live abroad, you may still have UK tax obligations on a UK rental property.
  • Multiple Rental Properties Managing several properties can make tax reporting more complicated.
  • Holiday Lets Income from furnished holiday lets may create specific tax obligations that differ from standard residential lettings.
  • Concerned About HMRC Contacting You? You may have received correspondence from HMRC or want reassurance that your affairs are fully up to date.

Speak to our specialists today.

The Disclosure Process

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Making a disclosure can feel daunting, but you won't be doing it alone. Here's how we support you at every step.

  1. Initial consultation A confidential discussion with one of our tax specialists to understand your circumstances.
  2. Review of your position We'll review property ownership, rental income and any historic tax reporting.
  3. Calculate any liabilities Our team will establish what tax, interest or penalties may be relevant.
  4. Prepare any disclosure required We'll support the preparation of calculations and any information needed, and manage your notification to HMRC.
  5. Ongoing support We'll help ensure your future tax obligations are managed correctly.

Concerned about HMRC contacting you?

HMRC continues to increase its focus on tax compliance and access to financial information.

Had correspondence from HMRC?

It's important to get advice quickly. The right route depends on exactly what stage things are at. If HMRC has already opened a formal enquiry, the Let Property Campaign may no longer be available to you, and a different disclosure process could apply instead.

Not yet heard from HMRC, but worried you might?

This is exactly the situation the Let Property Campaign is designed for.

Either way, speaking to us first, before contacting HMRC yourself, means we can quickly establish which route applies and how best to protect your position.

Our advisers can review your circumstances and provide practical, tailored guidance without obligation.

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How we can help

Many people become landlords without realising it comes with tax obligations. Does one of these sound familiar?

  • Review your position We'll assess your circumstances and explain any obligations that may apply.
  • Calculate historic tax liabilities Our team can help identify and calculate any historic liabilities, interest and penalties that may need to be addressed.
    Prepare documentation We'll help gather the information required and support any necessary submissions.
  • Deal with HMRC Our specialists can assist with communication and correspondence throughout the process.
  • Help you stay compliant We'll provide ongoing advice to ensure future reporting requirements are met correctly.

Speak to our specialists today.

Frequently Asked Questions

What is the Let Property Campaign?

The Let Property Campaign is an HMRC initiative that allows individual landlords to voluntarily disclose previously undeclared residential rental income, in the UK or overseas.

Who can use the Let Property Campaign?

The campaign is designed for individual landlords with undeclared income relating to residential property. It doesn't cover non-residential property (such as shops or garages), or income disclosed on behalf of a company or trust.

What if I inherited a property?

Inherited properties are one of the most common reasons individuals become landlords unexpectedly. Our team can review your circumstances and advise on any tax implications.

What if HMRC has already contacted me about an enquiry?

If HMRC has told you they intend to open an enquiry or compliance check, the Let Property Campaign may not be open to you for that disclosure, and a different process will usually apply. Speak to us before you respond to HMRC - the right approach depends on exactly what's been said and when.

What happens if I don't come forward?

If you have undeclared rental income and HMRC identifies it independently, you may face significantly higher penalties and, in serious cases, criminal investigation. Voluntary disclosure generally leads to a more favourable outcome.

How long do I have once I come forward?

Once you notify HMRC of your intention to disclose, you'll have 90 days to calculate and pay what you owe. Getting your records together with an adviser early makes this much more manageable.

What if I own property overseas?

Overseas rental income can still create UK tax reporting obligations, even if you live abroad. We can help you understand what applies to your situation.

Can Loucas deal with HMRC on my behalf?

Yes. Our tax specialists can support communications with HMRC and guide you through the process.

Could Loucas guarantee HMRC will accept my disclosure?

No adviser can guarantee HMRC's decision. Acceptance depends on your disclosure being complete and accurate. What we can guarantee is that we'll help you prepare the strongest, most accurate disclosure possible and support you at every step.

Need advice on undeclared rental income?

Whether you're an accidental landlord, have inherited a property or are unsure whether rental income has been reported correctly, our specialist advisers are here to help.

Speak to us today and understand your options with confidence.

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