Let Property Campaign

Looking for an accountant for your Let Property Campaign?

At Plan-A, we specialize in helping landlords navigate the Let Property Campaign (LPC), a government initiative by HMRC that allows individuals to disclose previously undeclared rental income. Whether you’ve missed declaring rental income in the past or need to correct errors in previous tax returns, our expert services ensure that you take full advantage of this opportunity while avoiding penalties. Here are the key benefits of using Plan-A for your Let Property Campaign disclosure.

Let Property Campaign

Expert Guidance on HMRC’s Let Property Campaign

The Let Property Campaign is designed to help landlords voluntarily disclose unpaid taxes on rental income. Plan-A provides expert advice to help you understand the rules of the campaign and ensure you disclose the correct information, reducing the risk of penalties or investigations.

Full guidance on the Let Property Campaign rules and eligibility

Assistance with preparing and submitting a voluntary disclosure to HMRC

Ensuring compliance with HMRC’s disclosure requirements

Comprehensive Review of Past Rental Income

If you have undeclared rental income from previous tax years, Plan-A conducts a thorough review of your financial records to identify any discrepancies or omissions. We ensure that all relevant rental income is included in your disclosure, preventing future issues with HMRC.

Reviewing rental income from previous tax years

Identifying missed rental income and related expenses

Ensuring accurate reporting to avoid future HMRC audits

Tax Reliefs and Deductions for Landlords

Plan-A helps you claim all available tax reliefs and deductions, such as allowable expenses, repairs, and mortgage interest, which can reduce your overall tax liability. By optimizing your disclosure, we ensure you only pay the correct amount of tax on your rental income.

Claiming allowable expenses for property maintenance and repairs

Maximizing tax relief on mortgage interest (where applicable)

Identifying and applying other landlord-specific deductions

Plan-A

Why Choose Plan-A?

Plan-A’s Let Property Campaign services are designed to help landlords declare previously undisclosed rental income in a way that minimizes penalties and ensures compliance with HMRC. From reviewing past tax years to negotiating favorable terms with HMRC, our team provides comprehensive support to help you take advantage of this opportunity and avoid future tax issues.