HMRC pockets over £100m from voluntary landlord deals
Summary
HMRC recovered £104m from voluntary landlord tax disclosures in 2025/26, the third straight year it has raised more than £100m through this route. The article says rising disclosure volumes, HMRC data-matching and recent tax rule changes are increasing compliance pressure on landlords, particularly those with modest or accidental rental income.
Why it matters
Residential property surveyors may encounter clients with rental portfolios, inherited properties or mixed-use ownership structures who need to understand tax compliance risks. The article also highlights how Land Registry data and broader tax changes can affect landlord behaviour and transaction decisions.
Key points
- HMRC raised £104m from voluntary landlord disclosures in 2025/26.
- Voluntary disclosures rose to 11,511, the highest level since 2018/19.
- HMRC is increasingly using Land Registry data and nudge letters to identify undeclared rental income.
- Recent tax changes, including Making Tax Digital for Income Tax and reduced CGT allowances, are adding compliance complexity.
- Price Bailey warns that many landlords may be caught out by capital versus revenue expenditure rules and mortgage interest changes.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
