Press RoomSpecialist Tax News

HMRC property sales campaign

Another campaign has been announced, and this time it covers someone who has sold a residential property (UK or overseas) that is not their main home and has made a profit which has not been declared.

As always, other undeclared gains (and indeed income) can be covered under this campaign and it certainly helps to reduce penalties as well as making the disclosure easier than contacting HMRC in any other way.

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