HMRC claws back £104m as landlords disclose unpaid tax

Voluntary landlord disclosures hit seven-year high as HMRC nets £104m ahead of MTD expansion

HMRC recovered £104m from landlords after they made voluntary tax disclosures in 2025-26, admitting untaxed property income which had not been reported in self assessment tax returns outside the normal tax cycle. This marks the third consecutive year HMRC has clawed back more than £100m in unpaid tax on property income.

The total covers tax recovered through voluntary disclosures made under HMRC’s Let Property Campaign, as well as other compliance activity, including non-responder campaigns and discovery assessments targeting landlords who may have failed to declare rental income, and was revealed in Freedom of Information (FOI) request from accountants Price Bailey.

Since the so-called amnesty was launched in 2013, landlords using the Let Property Campaign have paid over a total of £674m in unpaid tax, an average of £51.8m a year.

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