Open 9am → 5pm, Monday to Friday

01454 322 266

Contact us for a free quote

or request a call back

Landlord tax investigations

Since January of last year, HMRC has set out to expanding its spot-check regime meaning potential investigations for thousands of landlords and business owners across the country.

The revenue plans to expand the Controversial Business Records Check regime which has a purpose to ensure that businesses have kept sufficient records and that those records back up their tax returns. Business owners that are found to have kept insufficient or inaccurate records could be fined.

Many landlords have had a sense that they are immune to these investigations. In reality, though, landlords are equally at risk. In fact, towards the end of last year the Revenue announced the establishment of a new task force specifically charged with investigating landlords in the North East of England and North Wales. It seems reasonable to expect that these investigations will be extended across the country as part of the Revenue’s continued drive to clamp down on tax evasion.

Ways to protect yourself


  1. Accurate record-keeping – You’re are legally obliged to keep comprehensive records detailing rental income and related expenditure which must be kept for at least six years following the end of the tax year to which they relate
  2. Accurate tax return – HMRC has dished out fines for relatively minor infractions.

There are currently no comments - leave your thoughts using the form below!

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Why Edison Ford

  • We do the hard work for you
  • 25 years of experience
  • Vast panel of insurers
  • Free expert advice
  • Simple quotation process
  • Free quotes
  • No obligation
  • Cover tailored to you
  • We’ll find you the best price