The scope of the Let Property Campaign
The Let Property Campaign is an opportunity open to all residential property landlords with undisclosed taxes. This includes:
- those that have multiple properties
- landlords with single rentals
- specialist landlords with student or workforce rentals
- holiday lettings
- renting out a room in your main home for more than the Rent a Room Scheme threshold
- those who live abroad or intend to live abroad for more than 6 months and rent out a property in the UK, as you may still be liable to UK taxes
This campaign is not open to those landlords who are letting out non-residential properties such as a:
You also cannot use the Let Property Campaign if you want to disclose income on behalf of a company or a trust.
Landlords who jointly own property with their husband, wife or civil partner should read guidance in the Property Income Manual PIM1030 under the heading ‘Jointly owned property: husband & wife or civil partners’. They should also read about the 50/50 rule outlined in the Trusts, Settlements and Estates Manual TSEM9800.
You can use the Let Property questionnaire to check if you need to disclose unpaid taxes under this campaign.