Property: Income
The question
To ask the Chancellor of the Exchequer, how many people reported a gross property income of greater than £1,000 to HMRC in the last financial year.
Answered by Dan Tomlinson
Estimates of the number of people reporting a gross property income of greater than £1,000 to HMRC for the latest available financial year are shown in the table below.
Tax Year | Category | No. of People Reporting Gross Property Income Greater Than £1,000 in 2023/24 (Rounded to the Nearest 1,000) (1) |
2023/24 | Individual | 2,887,000 |
2023/24 | Partnership | 33,000 |
(1) The figures include unincorporated landlords reporting total property rental income greater than £1,000, before any expenses and allowances deductions, via Income Tax Self Assessment (ITSA).
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →