Landlords
Let Property Campaign
Disclosure support for undeclared UK rental income
Overview
If you have received rental income that has not been fully reported to HMRC, the Let Property Campaign provides a route to make a disclosure and bring your tax affairs up to date.
We help landlords review the rental income, expenses, mortgage finance costs and tax position for earlier years, prepare the disclosure calculations and deal with HMRC correspondence. The aim is to make a complete and accurate disclosure while mitigating penalties where possible.
This service is particularly relevant where rental income was missed, expenses were misunderstood, a former home was let out, overseas landlords failed to register, or a property was let through agents or short-term letting platforms.
Key Areas Covered
What we cover as part of this service.
- Reviewing undeclared or under-declared rental income
- Calculating allowable expenses and finance cost relief
- Considering earlier year reporting obligations and time limits
- Preparing Let Property Campaign disclosure calculations
- Interest and penalty mitigation
- Interaction with Self Assessment returns
- Non-resident landlord issues
- Short-term letting and platform income reporting
- HMRC correspondence and follow-up
Common Issues We Solve
Problems we see regularly — and how we fix them.
Rental Income Not Reported
Landlords sometimes assume that small profits, agent deductions or mortgage interest mean there is nothing to report. We review the position properly and calculate the exposure.
Incorrect Expense Claims
Rental profit calculations often contain errors around repairs, improvements, finance costs and private expenditure. We correct the calculations before disclosure.
Penalty Exposure
The quality of the disclosure can affect penalties. We help present the position clearly and explain any mitigating factors.
Pricing for This Service
Clear fees. Fixed fee confirmed in writing before we begin.
Priced on consultation
Disclosure work priced on consultation depending on number of years, properties and complexity.
Fixed fee confirmed in writing before we begin.
Get Your Fixed QuoteFrequently Asked Questions
It is HMRC's disclosure facility for landlords who need to bring undeclared or under-declared rental income up to date.
This depends on the facts, including whether the omission was careless, deliberate or a reasonable mistake. We review your circumstances before preparing the disclosure.
Yes. Once authorised, we can prepare the disclosure, submit it and deal with HMRC correspondence.
We usually need rental statements, bank records, mortgage statements, expense invoices, property purchase details and any prior tax returns covering the relevant years.
A penalty may apply, but the amount depends on the behaviour, disclosure quality and cooperation. A complete and unprompted disclosure can help mitigate penalties.
Why Choose UA Tax
Clear Calculations
We prepare the rental income and expense position carefully before disclosure.
HMRC Experience
We understand how HMRC approaches rental disclosures and penalty mitigation.
Practical Support
We guide you through the process and deal with HMRC correspondence where authorised.
Ready to discuss a Let Property Campaign disclosure?
Book a consultation and we will confirm what you need and provide a fixed fee quote.