Disclose Your Rental Income Safely with the HMRC Let Property Campaign
Many landlords across the UK have missed reporting rental income, but the let property campaign offers a clear way to correct things without harsh penalties. Through the government let property campaign, HMRC encourages voluntary disclosure with reduced fines and a smoother process. At Lanop Business & Tax Advisors, we manage the full process under the HMRC regulations, from reviewing your records to submitting a compliant let property campaign disclosure. Our team works quietly and thoroughly, ensuring all allowable costs are included. Choosing the best let property campaign HMRC route with our help means resolving tax issues accurately, confidently, and with minimum stress.
How Lanop Helps You With Let Property Campaign
Expert HMRC Disclosure Support
- Our team prepares and submits your let property campaign disclosure to HMRC, ensuring accuracy and maximising allowable expenses. We aim to reduce penalties and simplify the entire disclosure process for you.
Accurate
Tax Calculations
- Lanop’s specialists meticulously review your records to find every allowable deduction under the HMRC let property campaign, helping you lower your tax liability and avoid costly errors or omissions.
Full
HMRC Representation
- We manage all communications with HMRC during the process, handling enquiries and correspondence on your behalf, so you remain stress-free and confident throughout.
Our Accounting Services for Landlords
Managing your property finances doesn’t have to be complicated. We offer landlord-focused accounting services that keep everything organised, compliant, and tailored to your needs so you can focus on growing your rental business.
We take care of preparing and submitting your rental income tax returns on time, helping you avoid penalties and fines. Our expertise ensures your let property campaign disclosure is thorough and accurate.
Our team works closely with you to create tax strategies that reduce your liabilities and boost your profits. We guide you through the HMRC let property campaign requirements to make sure your plans comply with current rules.
Claiming every eligible expense can save you a lot. We carefully review your costs, ensuring nothing is missed so you pay less tax and stay fully compliant with the HMRC let property campaign guidelines.
If HMRC opens an investigation, we stand by your side. Our experts handle communication, provide strong defence, and work to resolve issues quickly, minimising let property campaign penalties and protecting your interests.
For landlords based outside the UK, we offer tailored support to keep your tax affairs in order. We help you meet HMRC’s rules and make any necessary disclosures under the let property campaign to avoid surprises.
Who We Help
Our Let Property Campaign services are ideal for:
- UK landlords with one or more rental properties.
- Non-resident landlords letting out UK property.
- Accidental landlords who started letting unintentionally (e.g., inherited homes, moved abroad).
- Landlords with undeclared Airbnb or short-term rental income.
Understanding the HMRC Let Property Campaign
The HMRC let property campaign is a voluntary disclosure option for landlords who haven’t reported all of their rental income. It applies to residential property income across the UK, including single lets, HMOs, shared housing, and short-term rentals like Airbnb. Non-resident landlords earning rental income from UK properties can also use the scheme.
Challenges Landlords Face
- Not knowing how far back HMRC can investigate.
- Missing records for older tax years.
- Confusion over allowable expenses.
- Fear of HMRC contact and penalties.
- Time pressure during the 90-day disclosure period.
Why Acting Now Saves You Money
Waiting to deal with undeclared rental income almost always leads to higher costs. The HMRC let property campaign is designed to encourage landlords to come forward voluntarily, offering reduced penalties in return. Those who disclose before being contacted by HMRC usually face penalties between 10 and 20 percent of the unpaid tax. In contrast, if HMRC discovers the issue first, penalties can rise to 100 percent or more.
The let property campaign HMRC process also puts you in control. Once registered, you get 90 days to gather your documents, calculate your liabilities, and submit your let property campaign disclosure. Ignoring it risks a formal investigation, greater penalties, and the loss of control over the timeline.
Challenges Landlords Face:
- Misunderstanding the disclosure process.
- Fear of disclosing errors from multiple years.
- Difficulty in calculating the correct tax owed.
- Underestimating the penalties HMRC may apply.
- Waiting too long and missing the chance for reduced penalties.
The Disclosure Process in Practice for Let Property Campaign
The HMRC let property campaign process is simple when handled by experts, but costly mistakes can happen if you go it alone. At Lanop, we manage every step with precision, ensuring your disclosure is accurate, compliant, and positioned to secure the lowest penalty possible.
It starts with notifying HMRC of your intention to disclose. Once registered, you’ll receive a 90-day window to prepare and submit your full let property campaign disclosure. During this time, we help you collect all necessary records, including rental income, supporting documents, and every allowable expense you’re entitled to claim.
Next, we calculate the tax owed, along with interest and reduced let property campaign penalties, ensuring the figures are fair and defensible. Once the disclosure is ready, we submit it on your behalf and assist in arranging payment, whether as a lump sum or through a Time to Pay agreement.
By managing the entire process, we reduce your stress, protect you from costly errors, and help you achieve a compliant outcome that satisfies let property campaign HMRC requirements, with the lowest legal liability.
Our Identity
Integrity, honesty, and dedication are the core values at Lanop Business & Tax Advisors. Since launching our first Putney office in 2010, we’ve grown into a fully digital, UK‑based accounting and tax advisory firm that blends expert compliance with forward‑looking guidance and business strategy.
Our team of specialized chartered tax advisors and accountants delivers a full spectrum of services including tax planning, bookkeeping, VAT, payroll, and virtual finance director support all designed to help you manage your business more efficiently and confidently.
We believe accounting is more than numbers it’s about empowering your journey through modern finance. That means applying strategic insight, breaking down complex financial processes, and acting as your trusted partner not just submitting filings.
Put simply, Lanop Business & Tax Advisors is more than an accounting firm we are your strategic ally, dedicated to guiding your financial success with integrity, precision,
FAQ
Accountants for lET pROPERTY cAMPAIGN
What is the HMRC Let Property Campaign?
It’s a scheme HMRC launched to let landlords come forward and declare rental income they’ve missed in previous years. The idea is simple: tell them before they find out, and you’re usually met with lower penalties. The HMRC let property campaign is much less stressful than going through a full investigation later on.
How far back can HMRC go?
Normally, they’ll look at the last six years. But if they suspect deliberate evasion, they can extend that period up to 20 years. With the let property campaign HMRC, acting early helps keep things within that six-year range and stops things from escalating into something more serious.
What happens if HMRC contacts me first?
You’ll lose the option to make a voluntary disclosure. That means higher penalties and less flexibility in how things play out. The government let property campaign only works if you approach HMRC before they contact you. Once they’ve opened a case, you’re looking at formal procedures and more scrutiny.
Can I do the disclosure myself?
Technically, yes. But it’s a risky move unless you’re confident in your numbers. Hiring a let property campaign accountant means you’re far less likely to make costly errors. You also have someone who knows how to structure the disclosure in a way HMRC accepts without unnecessary questions or pushback.
What if I rent through Airbnb?
Even if you’re just letting out a room a few weekends a year, that income still counts. Under the UK let property campaign, Airbnb income must be disclosed like any other rental. HMRC has access to third-party data, so chances are, they already know it’s happening, better to declare it first.
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