HMRC Snooping on Landlords via letting Agent

HMRC Snooping on Landlords via letting Agent

12:50 PM, 22nd September 2014, About 10 years ago 11

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It would seem HMRC has started to crosscheck declared rental income, in bulk, via letting agents. It does seem a little strange as those most likely not to declare on tax returns are unlikely to use a reputable letting agent.

I’ve had a rental property for 8 years & this is the first time I have become aware of such tactics following receipt of a bill for £18 for the privilege of my letting agent completing the return I knew nothing about.

Steve.

Text of Letter from HMRC to Letting Agent below:

Notice under Paragraph 1, Schedule 23 to the Finance Act 2011 for a data-holder, as defined in paragraph 18, to provide relevant data defined in regulation 16 of the Data-gathering Powers (Relevant Data) Regulations 2012 (Year Ended 05/04/2014)

Paragraph 1 of Schedule 23 to the Finance Act 2011 allows an officer of HM Revenue and Customs, by notice in writing, to require a relevant data holder to provide relevant data. For the purposes of paragraph 1, Schedule 23 to the Finance Act 2011:
– you are a “relevant data holder” as defined in Paragraph 18 of Schedule 23 to the Finance Act 2011 and;
-the data described in the schedule below is “relevant data” as defined by regulation 16 of the Data-gathering Powers (Relevant Data) Regulations 2012 (SI 2012/847)

Therefore take notice that under the above provisions I hereby require you by 10/09/2014 to make and deliver to me at the above address, using the means described in the enclosed letter, a return of data of the kind specified in the schedule below for the period shown in the schedule.

Schedule
Gross rents which you have obtained from tenants of let property on behalf of their property landlords for the period 06/04/2013 to 05/04/2014.

In respect of each landlord I require you to give the following particulars in your return:
– the name of the landlord for whom the rent was collected;
– the landlord’s address;
– the amount of the total gross rent due from the tenant for the landlord for the period shown in the notice;
– the address of the let property to which the rent relates.inspector


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Ian Ringrose

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17:39 PM, 23rd September 2014, About 10 years ago

I expect they also get the information from deposit protection and housing benefit.

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