Fergus Wilson Panorama documentary – now available on iPlayer22:10 PM, 18th March 2019
About A week ago 99
The latest statement from my letting agent had a fee of £35 for ” HMRC tax assessment”.
When I queried what this was for her reply was; “the HMRC requested information from me under new Agent Regulations that have ‘just’ been enforced, and I had to provide to them a detailed spreadsheet of all landlords (those managed and even non managed properties) for income received for 2014/2015.”
I also of course called HMRC to have this verified by them and they confirmed it’s to chase landlords who are not paying tax and it is something that will be required every year, approximately the same time too.
Can my agents charge me for doing this as it was HMRC who wanted it, in their own format, within weeks !
Has anyone else heard of this and do you think it is right for letting agents to pass this fee on to Landlords?
If she manages say 100 properties that is a quick £3,500 for her to produce a spreadsheet!
Any thoughts or advice would be gratefully received.
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