Sunday, January 9, 2011
HMRC will be waiting for returns from landlords
With the boom in rentals, especially around London, the HMRC is the biggest one to benefit. Increase rentals, low interest and a boom in accidental landlordâ€™s means one thing, individuals with poorly planned tax affairs and tax evaders will be hammered through tax on Schedule A and fines. And they were warned a year ago!! Lets see how long they hold on to those houses.