The short answer
No. As at September 2026 the Let Property Campaign is open and no closure has been announced anywhere official.
Total Books checked the places an announcement would appear. The GOV.UK guidance, updated in April 2026, contains no end date, no closure date and no withdrawal clause. HMRC’s Annual Report and Accounts for 2025 to 2026 does not mention the campaign. Neither does HMRC’s Transformation Roadmap, nor its 2026 progress update, nor the June 2026 tax update, nor the outcome of the behavioural penalties consultation, nor the National Audit Office’s review of tax collection from wealthy individuals.
There is exactly one deadline attached to this campaign, and it’s personal to you rather than national. Once you notify HMRC, you’ve got 90 days.
The landlords asking Total Books this question have usually never told HMRC about the rent, have put off dealing with it for a year or two, and are waiting for something external to force the decision. A closure announcement is not going to be that thing.
Key takeaways
- No closure has been announced in any official source
- The only deadline is your own 90 days after notifying
- The campaign has run since December 2013 and is still maintained
- HMRC has closed comparable facilities before, on notice
- What replaced them was always worse
- Waiting costs money even while the campaign stays open
The clock that does exist
Your 90 days start when HMRC acknowledges your notification, not when you send it. Book the free 15 minute call and Total Books will get the sequence right. Total Books is an AAT licensed practice and an HMRC registered tax agent, acting for landlords across Cardiff, Newport and Bristol. Speak to Total Books
Or call 029 2002 6505 before you notify anything yourself.
Where the closure story comes from
The campaign has been running since 10 December 2013, and Total Books has been handling disclosures under it for landlords across Cardiff, Newport and Bristol throughout. Twelve years is a long time for something HMRC described as an opportunity, and it is the question Total Books is asked most often about this campaign, and the length of it is the source of most of the speculation.
There is also a visible change that gets misread. The campaign used to have its own website. That site now redirects to the GOV.UK guidance, which some people have taken as a wind-down. It’s a tidy-up. GOV.UK absorbed hundreds of standalone sites over the same period.
Meanwhile the guidance itself is actively maintained. It was updated in April 2026 and again in April 2025, both times to uprate the dates inside it, and substantively in November 2024 to expand the sections on who is affected and how to notify. HMRC does not spend time rewriting guidance it is about to withdraw.
The deadline that does exist
There is one clock, and Total Books sets it deliberately rather than by accident, because most landlords set it running at the wrong moment.
You notify HMRC that you intend to disclose, online or through the HMRC helpline. At that stage you give no figures. HMRC writes back with a disclosure reference number and a payment reference number. Your 90 days run from the date you receive that acknowledgement, not from the date you notified.
Inside those 90 days you have to work out what you owe across every year in scope, calculate the interest, submit the disclosure and pay. That means a year by year schedule built from the letting agent statement, the bank statement, the mortgage interest certificate and the tenancy agreement, with each void period shown. If you can’t pay in full, you have to have agreed terms with the HMRC helpline before that date, not after it.
That’s a real deadline with real consequences, and it’s the one landlords should be planning around rather than a national closure that has not been announced.
Notifying takes no records. The ninety days start when the acknowledgement lands, not when you send it.
What happened when HMRC closed other facilities
The question behind the question, when a landlord rings Total Books about this, is usually not whether the campaign is closing. It’s what happens to people who have not come forward when something like this ends. There is a clear record.
| Facility | Closed | What replaced it |
|---|---|---|
| Offshore Disclosure Facility | November 2007 | A series of narrower facilities |
| Plumbers’ Tax Safe Plan | August 2011 | Ordinary enquiry and penalty rules |
| Liechtenstein Disclosure Facility | 31 December 2015 | Worldwide Disclosure Facility, no preferential terms |
| Isle of Man, Guernsey and Jersey facilities | 31 December 2015 | Worldwide Disclosure Facility, no preferential terms |
| Solicitors Tax Campaign | 10 June 2015 | Ordinary enquiry and penalty rules |
| Requirement to Correct | 30 September 2018 | A statutory penalty with a 100 per cent floor |
The pattern is consistent. HMRC announced a closing date, gave notice, and replaced the facility with something offering materially worse terms.
The Liechtenstein and Crown Dependency facilities are the clearest example. They closed to new applications on 31 December 2015, brought forward from an original date of 1 April 2016, and were replaced by the Worldwide Disclosure Facility, whose defining feature is that it offers no preferential penalty terms at all.
The Requirement to Correct is the sharpest. It was statutory, it had a hard date of 30 September 2018, and missing it moved a taxpayer to a Failure to Correct penalty of 200 per cent of the tax, reducible but never below 100 per cent. A floor of 100 per cent of the tax, set in legislation, for people who did not act by a published date.
What HMRC has actually said about missing an earlier opportunity
This is the part that needs no speculation, because HMRC publishes it on the campaign page itself.
If you were eligible for a past HMRC disclosure opportunity and did not disclose at the time, HMRC may find it hard to accept that anything you later disclose through the Let Property Campaign was not the result of something you did deliberately.
Read that carefully. Having missed a previous chance is itself treated as evidence of deliberate behaviour, and deliberate behaviour moves you from a band topping out at 30 per cent of the tax to one topping out at 70, or 100 where there is concealment.
That’s the real closure risk, and it applies now rather than at some future announcement.
This is where Total Books will not soften the position. We do not tell landlords the campaign is about to close, because it is not, and we do not tell them there is no hurry, because there is. Talk to a person, not a chatbot, and you’ll get both halves of that.
Infographic
The ceilings, and the one that was set by statute
Non-deliberate
Deliberate
Deliberate and concealed
Failure to Correct floor, never below
The last bar is a floor, not a ceiling. That is what happened to people who did not act by a published date, and it is why the behaviour question matters more than the closure question.
Missing an earlier opportunity is itself treated as evidence of deliberate behaviour.
Get the behaviour position readFrom our casework
Not every call ends in an engagement, and that is the point of a free fifteen minutes. A client writing in January 2022 said she still got some excellent advice about what I needed to do for my self assessment after it turned out she did not need a tax adviser at all. We answer the closure question the same way: straight, whether or not there is work in it for us.
★★★★★Victoria H.in her own words, Google review, January 2022
What is actually changing at HMRC
There is one genuine development, and Total Books thinks it is worth knowing about without over-reading it.
HMRC has committed publicly to building a single Digital Disclosure Service covering all taxes and duties, with the aim of going live in 2027 to 2028. The commitment appears in HMRC’s Transformation Roadmap and again in its 2026 progress update.
Neither document mentions the Let Property Campaign. Neither says it will be folded in, closed or replaced.
What is true, and already true today, is that the campaign runs through that plumbing. You notify through the Digital Disclosure Service. The agent authorisation form is described as being for a disclosure made using the Digital Disclosure Service. The general voluntary disclosure guidance routes landlords away from itself and into the campaign.
So the campaign is already a branded route into the service HMRC is rebuilding. Whether the brand survives the rebuild is not something anyone outside HMRC knows, and we’re not going to pretend otherwise.
Should you wait to see whether the terms improve?
There is a reform programme on penalties, and landlords are right to ask Total Books about it.
HMRC consulted on reforming behavioural penalties and published the outcome in November 2025. Respondents proposed a fixed reduction for unprompted disclosures, with suggestions ranging between 30 and 50 per cent, and argued that only a formal compliance check should count as prompting. The government said it intends to develop draft legislation.
No decision has been taken, no draft legislation has been published, and nothing in that consultation is available to a landlord today. Total Books will not build a plan on it. Waiting for a reform that may or may not arrive, in a form nobody has seen, while interest runs daily, is not a plan.
Urgency sells disclosure work, which is exactly why it should be treated carefully. A client writing in January 2022 described the call as Personable, helpful advice. No pushy sales. There is no announced closing date to press you with, and we will not invent one. The costs in the section above are real enough on their own.
★★★★★Neil M.in his own words, Google review, January 2022
What waiting actually costs while the campaign stays open
Here is the position we will defend. The closure question is the wrong question, because delay is expensive whether or not anything closes.
Interest runs daily. From the date each year’s tax was due until the date you pay. Interest has been running the whole time on every year you have not declared, including the ones where the flat sat empty through a void period and earned you nothing. The current late payment rate is 7.75 per cent, and on older years the interest can exceed the penalty.
The significant period clock runs. HMRC reduces the reduction available for the quality of your disclosure where you’ve taken a significant period to put things right, and it treats more than three years as significant. Every year you wait makes that worse, not better. Records get harder too: a bank statement for a closed account and a letting agent statement from a managing agent who has changed hands are both slower to obtain each year that passes.
The unprompted column is not guaranteed. This is the big one. Coming forward through the campaign keeps you unprompted, because HMRC’s own guidance is clear that a national campaign does not stop a disclosure from being unprompted. Receiving a letter first removes that. On a non-deliberate case the difference between the unprompted and prompted floor is 10 percentage points of the tax. On a deliberate case it is 15.
Letters are already going out. Landlords have been receiving one to many letters for several years, and a nudge letter in a brown envelope is how most of our disclosure work now arrives. Some are accompanied by a certificate of tax position asking for a reply within 30 days. There is no legal obligation to complete and return that certificate, a position HMRC has confirmed to the professional bodies, and signing one that turns out to be wrong carries its own risks. If one has arrived, read prompted and voluntary disclosure before you reply to anything.
Infographic
Three clocks that run whether or not anything closes
Interest
7.75%Charged daily from the date each year’s tax was due. On older years it can exceed the penalty.
Significant period
Three yearsBeyond this HMRC reduces the reduction available for the quality of your disclosure.
The unprompted column
10 to 15 pointsWhat a letter arriving first costs on the penalty floor, non-deliberate and deliberate.
None of these three waits for an announcement. They are already running on every year you have not declared.
Notifying stops two of the three. It takes a call and no figures at all.
Start the clock properly
Let Property Campaign service
We can notify for you this week, with none of your figures ready
The notification fixes your date of coming forward. The ninety days that follow are for building the schedule, not for deciding.
Would a closure be announced in advance?
On the record, yes. Every facility in the table Total Books has set out above closed on a published date, and the Liechtenstein and Crown Dependency facilities were given roughly twelve months before the date was brought forward.
So the reasonable expectation is notice rather than a switch being flipped. That’s not a guarantee, and it is not a reason to wait, because the three costs in the previous section are already running.
Two-minute check
How much is waiting actually costing you?
How long have you known the rent should have been declared?
Have you notified HMRC of an intention to disclose?
Has a letter or a certificate of tax position arrived?
What is holding you up?
How old is the earliest undeclared year?
Were you eligible for an earlier HMRC disclosure opportunity?
Six questions on where you actually stand. Nothing saved, no email address.
Put the question to us insteadWhat to do if you are not ready to disclose
You do not have to have your figures before you start. That’s the design of the campaign and it is the thing most landlords get wrong.
Notify first, and Total Books can do that for you the same week. HMRC only needs to know a disclosure is coming, with no figures and no detail. You don’t need a UTR, a letting agent statement, a tenancy agreement or a single bank statement in front of you to do it. The acknowledgement arrives with your two reference numbers and the 90 day window opens. You then have a defined period to build the disclosure pack, with your date of coming forward already fixed.
Notifying before the paperwork is assembled is not a risk. Chasing a managing agent for six months before notifying is, because the significant period clock and the risk of a nudge letter are both running while you do it. A landlord with a portfolio feels this most, since the records for one buy to let are rarely in the same place as the records for the next.
If the records for the early years have gone, that isn’t a blocker either. HMRC’s published position is that you estimate and keep your workings, so a missing bank statement or an unobtainable letting agent statement lengthens the job without stopping it. We cover it in disclosing with missing records.
Two situations, worked through
A landlord had been meaning to deal with eight years of undeclared rent since 2023. He waited to see whether the campaign would close, on the theory that a closure announcement would tell him when to move. Nothing was announced. In that time interest has been running the whole time on his oldest years, and his non-compliance period lengthened, which reduced the reduction available to him on the quality of his disclosure.
A second landlord in a similar position notified in the month she found out, with none of her figures ready and her records missing for two of the years. She used the 90 days to obtain the bank statement for each year, chase the managing agent for the letting agent statement, and build the year by year schedule. Her disclosure was unprompted, her period of delay from discovery to notification was measured in weeks rather than years, and she was inside the better column on both counts.
Both are illustrative and modest. The difference between them was not information. It was the order they did things in.
★★★★★
A disclosure is the start of the filing rather than the end of it, and the years afterwards settle into something routine. A client writing in May 2025 put it as Its so easy we chat once a year its all sorted and he stores my records on the computer. That is what the position looks like once the back years are closed off.
★★★★★Sidney J.in his own words, Google review, May 2025
Landlord disclosures notified and built from Cardiff, Newport and Bristol, and across the UK through the Virtual Finance Office.
Frequently asked questions
What should I do if my records are missing?
Notify anyway. HMRC’s published position is that where records are incomplete you make a best estimate and keep the workings so you can explain them. Use the 90 days to request a bank statement for each year and to chase the managing agent for the letting agent statement. Missing paperwork lengthens the job rather than stopping it.
Is the Let Property Campaign closing?
No closure has been announced. As at September 2026 the campaign is open, the GOV.UK guidance was last updated in April 2026 and contains no end date, and nothing in HMRC’s annual report, transformation roadmap, tax update or consultation outcomes announces a closure, replacement or reform of it.
Is there a deadline for the Let Property Campaign?
Only a personal one. Once you notify HMRC of your intention to disclose, you have 90 days from the date you receive HMRC’s acknowledgement to make the disclosure and pay. There is no national closing date published anywhere.
What happened when HMRC closed previous disclosure facilities?
It announced a date, gave notice, and replaced the facility with worse terms. The Liechtenstein and Crown Dependency facilities closed on 31 December 2015 and were replaced by a facility with no preferential penalties. Missing the Requirement to Correct deadline in 2018 moved people to a statutory penalty with a floor of 100 per cent of the tax.
Does it matter that I did not come forward during an earlier campaign?
Yes, and HMRC says so on the campaign page. If you were eligible for a past disclosure opportunity and did not use it, HMRC may find it hard to accept that a later disclosure was not the result of something deliberate. That moves you into a much higher penalty band.
Is the Let Property Campaign being replaced by the Digital Disclosure Service?
HMRC has committed to delivering a Digital Disclosure Service covering all taxes and duties, aiming to go live in 2027 to 2028. Neither that commitment nor its progress update mentions the Let Property Campaign. The campaign already runs through that service in practice, but nothing official says it is being folded in.
Should I wait for the penalty reforms?
No. The government published the outcome of its behavioural penalties consultation in November 2025 and said it intends to develop draft legislation. No decision has been made and no draft has been published. Nothing in it is available to you now, and interest on your oldest years runs daily in the meantime.
Related reading
Three guides for the decision that follows this one.
The work and the cost
What a disclosure accountant does stage by stage, and what makes one case cost more than another.
See the stages →Reducing the penalty
Telling, helping and giving access, and where the available ground is actually won.
Read the mechanic →How many years
Four, six or twenty, and the one question that sets the window your disclosure covers.
Work out the years →About Total Books
Total Books is an AAT licensed practice and an HMRC registered tax agent, acting for landlords, directors and small businesses across Cardiff, Newport and Bristol. We are also a Companies House authorised agent and a Xero Certified Advisor, and we hold an HMRC Agent Services Account for ongoing Self Assessment work. Records come to us through a secure client portal rather than by email, and every disclosure starts with the same free 15 minute call.
Where to go next
If the campaign is the right route for you, our step by step guide to the disclosure sets out the sequence and our penalty bands explained shows what you are likely to be looking at. If you are not certain the campaign is the right route at all, start with choosing the right HMRC disclosure route.
The campaign is open today and the terms available today are the ones worth using, which is the whole of the Total Books position on it. Tell us when you first let, whether you’ve ever been registered for Self Assessment, and whether a letter has arrived. Total Books will tell you where you stand. Book the free 15 minute call. Talk to our Let Property Campaign team
Free 15 minute call
The campaign is open today, and today’s terms are the ones worth using
Tell us when you first let, whether you have ever been registered for Self Assessment, and whether a letter has arrived. We will tell you where you stand, and whether notifying this week is the right move.
Total Books is an AAT licensed practice and an HMRC registered tax agent, acting for landlords across Cardiff, Newport and Bristol.
