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Morning Briefing: missed taxes from private landlords

Reports of missed tax receipts because private landlords aren’t declaring income and an update on the slow progress to rehouse survivors of the Grenfell Tower fire

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Morning Briefing: missed taxes from private landlords

In the news

The Guardian is reporting that the government may be missing out on up to £200m a year because buy-to-let landlords are not honestly declaring their income for tax purposes.

The news is based on findings from Newham Council, which runs a borough-wide licensing scheme for private landlords, and has discovered half are not registered for self-assessment. We took a close look at Newham’s licensing scheme a few years ago – read it here.

Also in the news, the Evening Standard is reporting on the plight of Grenfell survivors – 200 are in hotel accommodation and none have been permanently housed, the paper claims. Nicholas Burton, a leaseholder, criticised Kensington and Chelsea Council for not seeking private sector homes.

“I could have put up every single family in 48 hours if you just go to the private sector. There are hundreds of flats in the estate agents but they don’t want to pay the money,” the former 19th floor resident said.

Also over the weekend, The Times followed up Inside Housing’s revelation that the borrowing cap contributed to the low budget for the refurbishment of the tower.

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