Business, Money, Legal & Jobs

How to deal with undeclared rental income

Before we go into the specifics, there are a number of key points that you need to acknowledge when it comes to dealing with undeclared rental income: It is now more important than ever to ensure your tax affairs are up to date. Government systems are much improved and offer greater visibility on individuals who are not up to date.If you have only recently acquired a rental property, it may be possible to get things up to date by completing…