The tax record slip that cost a landlord dearly
21st November 2025
The landlord managed their portfolio casually. Rent came in, expenses were paid, and tax returns were filed each January. But when HMRC opened an enquiry, gaps appeared. Receipts had been misplaced, mortgage interest had been miscalculated, and repair costs were confused with improvements. The result was an unexpected bill for underpaid tax, plus penalties and […]