HMRC ASKING INFORMATION FROM OCCUPIERS OF OFFSHORE-OWNED UK PROPERTIES
28 August 2019
We are now seeing letters from HMRC to occupiers of UK properties which HMRC believes are legally owned by overseas companies.
The purpose of the letters is ostensibly to verify whether any appropriate UK income tax has been deducted at source. HMRC states: “You may need to take tax from your rent. We want to make sure you take off the right amount of tax and pay this to us. We also want to help you to understand how to do this... To help you take off the right amount of tax from the rent you pay, we need some information about the property you live in...”