What is HMRC Spotlight 63? Expert Advice for Landlords | Kennedys Accounting

What is HMRC Spotlight 63? Expert Advice for Landlords | Kennedys Accounting

Learn what HMRC Spotlight 63 means for landlords and property investors. Discover who is affected, the risks involved and how Kennedys Accounting can help you stay compliant.

HMRC Spotlight 63 is guidance issued by HMRC warning against certain hybrid partnership arrangements used by landlords and property investors to claim tax advantages.

HMRC’s view is that these arrangements do not achieve the tax benefits being promoted and may result in additional tax, interest and penalties if challenged.

If you’ve been advised to transfer property into a hybrid partnership or LLP structure, it’s important to understand whether Spotlight 63 could affect you.

Speak to the Spotlight 63 Specialists

At Kennedys Accounting, we have extensive experience advising landlords and property investors on HMRC Spotlight 63 and can help you understand your position, assess any risks and recommend the most appropriate course of action.

Book your confidential Spotlight 63 consultation with Kennedys Accounting today and speak to one of our experienced tax specialists.

Get in touch – info@kennedysaccounting.uk or call us on 01233 539501.