HM Revenue to target SE landlords

Landlords in the South East are one of the groups to be targeted by the tax authorities according to reports in the Guardian. HMRC has previously 'announced' that it will employ cutting edge tools such as "web robot" software to search the internet for people and companies and their affairs.  A so called task force is reportedly to be established and is likely to use it's investigators to glean information from other government departments and sources such as letting adverts and university accommodation departments.

To find out how landlords can reduce their tax liabilities have a look at our recent articles.

To put things into context though the Revenue often announces these headline grabbing purges of the great 'under taxed' but rarely has the extra resources to back up the headlines. The threat of 'cyber spooking' is probably a bit like their version of the TV detector van.  (How does that work?).  Having said that it's probably a prompt for landlords to starting getting their financial house in order ready for the self assessment tax deadline of the 31st of January.

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