Are you under the Spotlight? - Spotlight 63
Are you under the Spotlight? - Spotlight 63
We Can Help You Put It Right
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.
The good news? Here at Kennedys Accounting, we can assist to get this resolved professionally with the right support from us.
What is Spotlight 63 and why does it Matter?
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
- Avoid potential escalation into a formal investigation
Ignoring it rarely makes it go away—and often makes it more costly.
How Kennedys Accounting can support Landlords
We will assist in helping landlords review and correct their position with confidence.
Our approach is clear and structured:
1. Initial Review
We assess your current setup, including:
- Ownership structure
- Income allocation
- Previous filings
2. Risk Assessment
We identify:
- Areas of concern under Spotlight 63
- Potential exposure
- Options available to you
3. Practical Solutions
We will guide you through:
- Correcting past filings if required
- Communicating with HMRC
- Putting compliant structures in place going forward
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.