Government snoop on house-sale data
Detailed information on nine out of 10 house sales and rentals are secretly being passed from estate agents to HM Customs & Revenue (HMRC) without the public’s knowledge or agreement.
The Government has gone ahead with a deal with Rightmove, an online property search firm, to give HMRC staff access to its records of transactions. The records contain details about individual properties, including their sale price as well as any internal features and modifications that may add to their value.
Rightmove keeps data on 16 million properties.
You have been warned! If you rent or sell a property and don't declare the income it may only be a matter of time before "big brother" comes knocking on your door!`
Tuesday, February 12, 2008
Government snoop on house-sale data
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