The Office of Tax Simplification (OTS) is seeking the views from landlords about how the taxation of property income could be simplified. The review will consider taxation of residential property held by individuals, partnerships and micro-companies, and will develop recommendations for simplification and ways of addressing distortions.
The survey is open until 5 June 2022 and can be found here.
To complete the survey, landlords must disclose the type of property rentals they rent out and the ownership status of the properties. Contributors to the survey will not be named, unless they give permission.
The OTS also said it was keen to meet stakeholders to discuss the review, saying interested people need to contact them by 3 May 2022 to do so.