HMRC starting to go after landlords after the Let Property campaign:
https://www.property118.com/might-late-hmrc-party/
A headache for letting agents...a nightmare for landlords who haven't been paying tax.
Oh dear.
"have well over 300 properties on my books, making this a mammoth task, and the data they are requesting needs to be transcribed on to HMRC’s specific spreadsheet in the specific format they insist by 09th April this year.
I discovered some background to these notices on an accountant’s blog, but in brief, there are 900,000 landlords not paying tax on their rented properties, a ‘be-honest-and-come-and-talk-to-us’ campaign by HMRC proved fruitless, so now they’re making me jump through hoops"