Surge in tax receipts sparked by HMRC investigations into buy-to-let

HM Revenue & Customs (HMRC) has experienced record receipts of capital gains tax after a crackdown on landlords. Figures published by accountants UHY Hacker Young show that probes by tax inspectors into underpayments of capital gains tax has resulted in HMRC obtaining £136m for the year 2013-14. This marks a 24% increase on the previous year.

Full story available from INEA: http://www.inea.co.uk/a/HMRC-investigations-into-buy-to-let-spark-surge-in-tax-receipts

RentPro cloud based rental property management software for letting agents and landlords.

You may also like...