Are you under the Spotlight? - Spotlight 63
Are you under the Spotlight? - Spotlight 63
If you’re a landlord who has recently become aware of Spotlight 63, you’re not alone. Many property owners are now realising that their tax position may not be as robust as they believed—and that HMRC is taking a much closer look, and have issued the following guidance:
Here at Kennedys Accounting, We Can Help You Put It Right!
What is Spotlight 63 and Why Does it Matter?
To assist those caught up in Spotlight 63, we have put together a series of ‘knowledge hub’ pages, which are listed below:
HMRC Spotlight 63 focuses on arrangements where landlords may have:
- Incorrectly allocated rental income
- Used structures that don’t reflect ownership correctly
- Claimed tax advantages that HMRC considers ineffective / incorrect
This means some landlords could face:
- Unexpected tax liabilities
- Interest and potential penalties
- HMRC enquiries or investigations
If This Applies to You — get in touch – Contact Us - Kennedys Accounting
By working with us here at Kennedys Accounting and by taking proactive steps you could:
- Reduce or eliminate penalties
- Demonstrate cooperation with HMRC
We will assist in helping landlords review and correct their position with confidence, ensuring that our approach is clear and structured.
Proven Experience You Can Rely On
We support a wide range of clients—from individual landlords to larger property portfolios—and have experience handling:
- Financial management
- Complex ownership and income structures
- Long-term compliance and reporting
- Ongoing self-assessment and limited company returns and support.
Our focus is always on practical, commercially sensible solutions, not unnecessary complexity. Don’t just take our word for it – read what our customers have to say…
From HMRC investigation to peace of mind
I was introduced to Kennedys Accounting by a friend who was already a client of theirs, and I’m so grateful that I made that connection.
I discovered I was caught up in Spotlight 63 when I received a letter from HMRC. I was extremely worried about what it meant, particularly the potential penalties and fines. As a single mum, I already had enough to deal with, and the whole situation left me feeling incredibly vulnerable and stressed.
When I spoke to Kennedys Accounting, they took the time to listen to the whole story and understand what had happened. They carefully collated all the information and took over my accounts from my previous accountants, who had incorrectly advised me to enter into the hybrid scheme that had ultimately led to the HMRC investigation.
From the very beginning, Kennedys made me feel that I wasn’t facing this alone. They quite literally wrapped a virtual arm around me. They dealt with HMRC on my behalf, guided me through the process and worked towards agreeing a resolution.
The difference this made to me was enormous. What had initially felt overwhelming and frightening became something I could finally manage, knowing that I had knowledgeable and supportive professionals in my corner.
I would wholeheartedly recommend Kennedys to anyone who is worried about Spotlight 63 or facing an HMRC investigation. But I would also recommend them to anyone looking for excellent accounting support generally. They provide so much more than just accounts – they genuinely care about their clients and give you the reassurance that someone is looking after you.
Lorraine
When we Didn't Know Where to Turn, Kennedys Accounting Helped
We found out that the accountants we had been working with for several years had gone into administration.
Our accountant had advised us to structure our property portfolio using an LLP hybrid structure, and when they went into administration, we discovered that the structure was under investigation by HMRC under Spotlight 63.
To make matters worse, although we had been paying our accountants to look after our affairs, we discovered that they had failed to file both our business and personal accounts. We honestly didn’t know where to turn.
We started looking for someone who could help and came across Kennedys Accounting. From our initial enquiry, they took the time to listen to what had happened, gathered all the facts and, most importantly, reassured us that they would do everything they could to assist.
Kennedys Accounting have continued to work closely with us to bring our accounting affairs up to date and compliant, while also liaising with HMRC regarding the Spotlight 63 investigation. They have taken a very complicated and stressful situation and given us the support and professional guidance we needed.
We now have peace of mind knowing that our affairs are being properly looked after, and we are incredibly grateful for the help and support Kennedys Accounting have given us.
We would have no hesitation in recommending Kennedys Accounting to anyone who finds themselves in a similar situation. Their professionalism, knowledge and willingness to genuinely help have made a huge difference to us.
Bob & Mary