Let Property Campaign - Legend Fusions UK

Let Property Campaign Accountant UK

Rental income issues often surface years after letting begins; records are missing, agents have changed, and earlier filings no longer match what can be supported. We assess the position early, before HMRC limits the available routes, so disclosure stays controlled.

Legend Fusions is the UK advisory brand evolved from Legend Financial & Tax Advisers, unifying tax, compliance, and advisory services under one international group.

Serving clients in London, Bolton, Milton Keynes and throughout the UK.

Is This Process Relevant to You?

HMRC expects rental income errors to be corrected through a formal disclosure process. In practice, most landlords only approach once they realise something has been missed, not at the point the letting began.
Where earlier returns contain omissions or unsupported figures, the correct route is formal disclosure it is not an amendment.

This applies if you are:

years experience

13+ years advising on disclosures where timing, records, and historic assumptions required careful reconstruction. Across complex personal tax cases, HMRC enquiries, and ongoing advisory work, delivered by a dedicated tax planning specialist.

Risks of Not Disclosing Rental Income

Failing to disclose rental income can lead to financial and regulatory consequences.

This may result in:

Penalties influenced by how HMRC interpret behaviour and disclosure timing.
Interest running from the original due dates until settlement.
Wider review of earlier returns and the quality of supporting records.

Once HMRC open the matter, room to influence penalties and timing reduces.

What the Let Property Campaign Covers

Most disclosures require several years to be rebuilt from records never prepared for later challenge. We take the position from assessment to submission.

Disclosure of undeclared or incorrectly reported rental income
Preparation of backdated returns for affected tax years
Review of allowable property expenses and deductions
Correction of previously unreported or underreported income
Penalty reduction through voluntary disclosure
Submission via HMRC’s official disclosure facility

Our focus is on accuracy, compliance, and controlled resolution.

How We Work

Disclosures often span multiple years and incomplete records. Our approach is structured, controlled, and end-to-end.

Review

We assess your position, relevant years, and available documentation. Gaps are identified and addressed.

Preparation

We analyse the figures, reconstruct where required, and prepare accurate calculations aligned with HMRC standards.

Approval & Submission

You review and approve the final position. We submit through the appropriate HMRC facility and manage follow-up where necessary.

Scope of Service

This service covers rental income disclosure and HMRC compliance under the Let Property Campaign framework, including review, calculation, submission, and process management.
It does not include property management, legal advice, or regulated financial services.

What Our Clients Say

“The disclosure process was handled clearly and professionally. The implications were explained in advance, and everything was submitted in line with HMRC requirements.”

Landlord, UK

“Undeclared rental income was reviewed properly and resolved without complication. The approach was structured and removed uncertainty from the process.”

Overseas Landlord

“The Let Property Campaign was managed efficiently from start to finish. Calculations were explained clearly, and communication with HMRC was handled on my behalf.”

Property Owner, London

Related Tax & Advisory Services

HMRC Tax Investigations

Support responding to HMRC enquiries, compliance checks, and investigations.

Cross-Border Taxation

Advice on overseas income, residency status, and UK tax obligations.

R&D Tax Credits

Eligibility review and claims support for qualifying research and development activity.

EIS & SEIS

Guidance on investor reliefs, eligibility, and compliance requirements.

Capital Gains Tax

Advice and reporting support for asset and property disposals.

Inheritance Tax

Planning support where estate exposure is identified.

Capital Allowances

Review and claims to ensure qualifying expenditure is identified and applied correctly.

Who We Help

Where We Work

We work with landlords across the UK with Let Property Campaign disclosures through secure online consultations. Where required, in-person meetings are available by appointment at our London office.

Additional Tax Resources

Self Assessment deadlines explained

Documents needed for a tax return

Penalties for late tax filing

Frequently asked questions

What is the Let Property Campaign?

The Let Property Campaign is HMRC’s formal route for landlords to disclose undeclared or incorrectly reported UK rental income. It allows issues to be resolved through voluntary disclosure rather than HMRC enforcement.

What does an HMRC Let Property Campaign disclosure involve?

An HMRC Let Property Campaign disclosure involves reviewing affected tax years, calculating unpaid tax and interest, assessing penalties, and submitting a complete disclosure through HMRC’s facility.

Who should consider making a Let Property Campaign disclosure?

Landlords should consider disclosure if rental income was missed, underreported, or reported incorrectly in any past return. This includes UK landlords, accidental landlords, and those with complex or historic issues.

Does the Let Property Campaign apply to overseas landlords?

Yes. Overseas landlords earning UK rental income remain subject to UK tax rules. The HMRC Let Property Campaign disclosure is the correct process for resolving historic UK rental income, even if you live abroad.

What penalties apply under the Let Property Campaign?

Let Property Campaign penalties depend on behaviour, timing, and whether disclosure is voluntary. Early disclosure typically results in lower penalties than cases identified by HMRC through investigation.

What are the Let Property Campaign penalty rates?

HMRC Let Property Campaign penalty rates vary depending on whether errors were careless or deliberate and how promptly disclosure is made. Rates are assessed individually rather than fixed in advance.

Is there a 90-day window to submit a disclosure?

Yes. Once HMRC is notified, a 90-day window usually applies to complete and submit the disclosure. Missing the HMRC Let Property Campaign 90-day window can increase penalties.

Are there deadlines for the Let Property Campaign?

There is no single campaign end date, but once you engage with HMRC, clear submission deadlines apply. Acting early provides greater control over timing and outcome.

Can a reasonable excuse reduce Let Property Campaign penalties?

In limited circumstances, a reasonable excuse may be considered, but HMRC applies strict criteria. Evidence and timing are critical, and acceptance is not automatic.

Is there a Let Property Campaign calculator?

HMRC does not provide a simple Let Property Campaign calculator. Accurate disclosure requires a full review of rental income, expenses, tax years involved, and applicable penalty rates.

How are payment and interest handled?

Interest accrues from the original tax due date until settlement. Payment arrangements may be available depending on circumstances, but interest continues to apply until liabilities are cleared.

Do you handle Let Property Campaign disclosures in Hounslow, Stratford, and Bolton?

Yes. We support landlords in Hounslow, Stratford, Bolton, and across the UK through secure consultations, with in-person meetings available by appointment in London.

Confirm Your Disclosure Position

Discuss the history, determine what can be supported, and agree the next step before HMRC take the lead.