Written question asked by Stephen Timms (Labour) on Monday, 13 July 2020, in the House of Commons. It was due for an answer on Thursday, 16 July 2020 (named day). It was answered by Jesse Norman (Conservative) on Thursday, 16 July 2020 on behalf of the Treasury.
Landlords: Taxation
- Question
-
To ask the Chancellor of the Exchequer, what his most recent estimate is of the tax revenues lost through residential landlords failing to declare their rental income.
- Answer
-
The information requested is not available as HM Revenue and Customs (HMRC) does not make a separate estimate of the proportion of the total tax gap attributable to residential landlords.
However, HMRC does estimate the tax gap arising from individuals in employment who have not declared and therefore not paid tax on lettings income. The latest estimate of this tax gap was £540 million for the tax year 2018-19.
Secondary information
- Type
- Written question
- Reference
- 72771
- Session
- 2019-21
- Subjects
- Income Landlords Taxation
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2020-07-16 14:44:13 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/72771
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/72771
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/72771