HMRC Let Property Campaign: tell HMRC about past rental income
A simple guide to telling HMRC about undeclared UK rental income with much lower penalty fees.
Short answer: If you have UK rental income from past years that you did not tell HMRC about, you can fix it using the Let Property Campaign. By telling HMRC voluntarily before they send you a letter, you pay much lower penalty fees (sometimes zero). Matthew works out your true rental profit, deducts all your costs, and sends the forms to HMRC for you.
Key points
- For all landlords with undeclared UK rent, including expats living abroad.
- Telling HMRC first means much lower penalty fees (or zero penalty).
- You can deduct all your past repairs, agent fees, insurance, and costs.
- You get 90 days to calculate your numbers and pay.
- Matthew talks to HMRC for you so you do not have to worry.
What is the Let Property Campaign?
The Let Property Campaign is an official HMRC service. It helps landlords declare rent they did not report in past years.
HMRC checks Land Registry records, bank accounts, and letting agent lists. It is always much better to tell HMRC first before they find you. If you come forward first, your penalty fee is much smaller.
The 4 simple steps to fix your tax
We make the process simple and stress-free:
Fix your past UK rental tax without stress...
You will never be judged. Matthew checks your past years, deducts all allowable costs, and sends your Let Property Campaign disclosure to HMRC with the lowest possible penalties.
- 1. Tell HMRC: We send an official note to HMRC saying you want to report past rent. This locks in your low penalty rate.
- 2. Add up your numbers: Matthew looks at your rent and all your costs (repairs, agent fees, bills) to find your real profit.
- 3. Calculate the tax: We work out the exact tax you owe and ask for the lowest penalty fee.
- 4. Send and pay: We send the final forms to HMRC and help you arrange payment.
Written and reviewed by Matthew S Manderson CTA ATT AMIT
Reviewed 3 September 2026. General guidance only; tax treatment depends on individual facts.