HMRC preparing huge tax clampdown on property sector
Summary
HMRC is reportedly increasing scrutiny of the property sector, with BCLP estimating up to £645m in additional tax under consideration for the largest property firms. The article says the focus is particularly on capital allowances and SDLT, alongside a higher rate of HMRC refusals to give pre-transaction tax clearance on certain matters.
Why it matters
Residential property surveyors may encounter greater tax sensitivity around transactions, disposals, reorganisations and financing structures, especially where SDLT or capital allowances are relevant. The trend suggests a more challenging compliance environment for property clients and advisers, with fewer definitive HMRC responses available before completion.
Key points
- BCLP says HMRC’s tax under consideration for the property sector could reach £645m.
- HMRC is reportedly focusing more on capital allowances and SDLT reviews.
- HMRC has increased compliance staffing and capacity, indicating stronger enforcement activity.
- Requests for HMRC confirmation of tax treatment were rejected more often in 2025/26.
- The article suggests less pre-transaction certainty for property groups and advisers.
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