Sunday, 18 November 2012

Exclusive: Private landlords evading at least £550 million tax on rental incomes

Buy-to-let and other private landlords are evading over half a billion pounds in tax due on their rental income, new figures reveal.


Estimates by HM Revenue & Customs (HMRC) and seen by the investigative website Exaro, reveal that that every year landlords are evading at least £550 million in tax.

This compares with £1.8 billion of tax collected on rental income – meaning more than 23 per cent of tax is being evaded.




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