In line with latest Government’s guidelines on home moving, the housing market remains open during the national lockdown which started on 5th November 2020, and all our offices in England continue to operate. Our offices in Scotland remain in operation following the latest guidelines. Our Welsh offices resumed operations from Monday, 9th November 2020, following the latest guidance on home moving restrictions. Health and safety remains our main priority, and we continue to follow a number of strict measures to protect our customers and staff. More information

Scottish Landlords Targeted by HMRC

Scottish Landlords Targeted by HMRC

HMRC have recently announced that they are intending to "come down hard" on Scottish landlords who are not paying tax on their property income.

 

We expect HMRC to be focusing initially on properties in Edinburgh and Glasgow, working closely with the land registry.

 

The problem for landlords who have little or no profit from their rental properties is that HMRC are also likely to look at these individuals.

 

The key issue for any of our landlords who do not report their property income or losses to HMRC each year is to take advice, and if necessary, approach HMRC now before they approach them.