HMRC wants agents to file more rental tax data
Summary
HMRC is consulting on proposals for letting agents and tenancy deposit schemes to submit rental income data on a regular, structured digital basis rather than only in response to notices. The aim is to improve data quality, support tax administration and strengthen compliance activity, while seeking to keep any new burden proportionate.
Why it matters
Residential property surveyors may encounter clients affected by changes to landlord tax reporting and the wider compliance environment in the private rented sector. The proposal could also influence how letting agents handle data collection and record-keeping across property management workflows.
Key points
- HMRC wants more routine reporting of landlord rental income data by letting agents and tenancy deposit schemes.
- The consultation follows concerns that current data can be incomplete, inaccurate or inconsistent.
- HMRC says structured digital reporting would improve validation, compliance and tax administration.
- The government says it wants proportionate requirements with lead-in time, guidance and support.
- The consultation closes on 20 January 2027.
Organisations:
HM Revenue & Customs, HMRC, tenancy deposit schemes
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