Landlord tax evasion – what do we know?
A few weeks ago, the London Borough of Newham revealed that 13,000 local landlords had failed to declare their rental income, prompting estimates that £200m of tax was being evaded in London alone.
Today, Parliament has published an answer from the Treasury Minister Mel Stride to Frank Field, who asked what assessment the government had made of this. The Minister directed him (and us) to this information on tax gaps (pp54-5).