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Written question asked by Lord Campbell-Savours (Labour), in the House of Lords. It was answered by Lord Myners (Labour) on Tuesday, 18 November 2008.


Taxation: Residential Property

Question
What estimate they have made of the loss of income to Her Majesty's Treasury from non-declaration of rental income from residential property within the United Kingdom in the last year for which figures are available.
Answer

This information is not available, as declarations of rental income on tax returns are not split between residential and other types of property; additionally, tax gap estimates are not available specifically relating to residential property.


Secondary information

Type
Written question
Reference
705 c188WA; 6282
Session
2007-08
Subjects
Disclosure of information Income tax Income Rented housing Self-assessment
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk