Land Registry details are being used by the taxman to track down tax dodgers.
Hacker Young has warned buy-to-let landlords and people selling off
second properties that HM Revenue & Customs is using
Registry details to match up against those failing to pay capital
gains tax on property disposals or income tax on rental income.
An HMRC spokesman said that it had always looked to use all the tools
available to track down tax dodgers, but there was no fresh impetus to target
“This is nothing new. HMRC have a duty to ensure everyone pays the tax they
owe and ensure that those that seek to evade tax don’t get away with it. HMRC
uses a wide variety of information sources to ensure the tax rules are followed,
” said the spokesman.
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Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy