Category: Property & Real Estate
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The Bill Isn’t in My Name — Can I Still Claim It Against Rental Income?
Can you claim a rental-property expense if the invoice is in your spouse’s name or only shows the property address? Here’s what UK landlords need to know.
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We Own a Rental Property Together — Who Pays Tax on the Rental Income?
If you own a rental property with somebody else, who declares the rent? We explain joint ownership, the 50:50 rule and when Form 17 may be relevant.
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Do Landlords Have to Declare Rent Paid in Cash?
If your tenant pays rent in cash, does it still need to be declared? We explain how cash rent should be recorded and what to consider if previous years were not reported.
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Can Landlords Claim Mileage and Travel Expenses?
Can landlords claim mileage for trips to a rental property? What about petrol receipts as well? We explain when landlord travel expenses can qualify, how mileage works and why the purpose of the journey matters.
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My Rent Only Covered the Mortgage — Did I Still Need to Tell HMRC?
If your rental income simply covered the mortgage, you might assume there was no profit and nothing to report. But mortgage payments and taxable rental profit are not calculated in the same way.
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Undeclared Rental Income: What Actually Goes Into an HMRC Disclosure?
Making an undeclared rental income disclosure involves more than calculating the tax. From establishing the property history and reviewing expenses to interest, penalties and supporting evidence, here’s what actually goes into preparing a disclosure to HMRC.
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Undeclared Rental Income: What If I Can’t Find My Records?
Missing bank statements, letting agent records or old receipts can make dealing with undeclared rental income feel difficult. But missing paperwork doesn’t necessarily mean you can’t move forward. Here’s where to start.
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What Information Should I Gather Before Speaking to an Accountant About Undeclared Rental Income?
Many landlords delay speaking to an accountant because they think they need every document before making that first call. This guide explains what information is genuinely helpful, what documents you can start gathering and why you don’t need to have everything before asking for professional advice.
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How Landlords End Up With Years of Undeclared Rental Income
Most landlords don’t deliberately end up with years of undeclared rental income. More often than not, life simply gets in the way. Here’s why it happens—and why taking the first step is often easier than people imagine.