“Getting Your Tax Right From The Start” - a message from Her Majesty’s Revenue and Customs for all landlords

HMRC offers a range of online support and advice for residential landlords who want to bring their tax affairs up to date:

Letting a Property tutorial

This tutorial provides bite-sized modules covering topics such as:

·         Notifying HMRC of letting your property

·         Income you earn from your property

·         Record keeping and business expenses

·         Capital Gains Tax

·         Self Assessment tax returns and paying HMRC

·         Expanding your business

 To access the tutorial: http://www.hmrc.gov.uk/courses/syob2/letting/index.htm

Property Rental toolkit

This toolkit provides guidance on how to ensure you correctly complete and include all details required in your Self Assessment tax return. Although created for HMRC tax agent use, you may also find this useful if you complete a tax return yourself. Download the toolkit:  

https://www.gov.uk/government/publications/hmrc-property-rental-toolkit

Webinars.

HMRC host a range of webinars with both pre-recorded 30 minute sessions and live one hour sessions. You can participate by sending an email with your questions to the presenters.

www.hmrc.gov.uk/webinars/index.htm

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