Can HMRC do that?
Where prospective lenders suspect mortgage fraud they can contact HMRC for confirmation that income declared on a mortgage application equals income declared to HMRC.
On the face of it a good thing.
But what gives HMRC the right to give this information to third parties?
My enquiry to HMRC reveals their authority is s18(2)(a) Commissioners for Revenue & Customs Act 2005.
I have had a look and to be honest I don't understand it.
Does that indeed give them the authority to disclose information to third parties?
- Website - Should I upgrade? 213 7
- Is there a legal obligation for the Inspector to hand over minutes of a meeting 194 3
- Property scam victim 441 12
- General legal fees 113 3
- Writing off bad debts 15 1
- Playstation 4 - Allowable expense or not? 2,860 60
- Excel - protecting a cell 30 2
- ICAEW student, Dilema with client & boss 1,665 27
- Entries on SATR for Non Dom with unremitted income < £2k 105 6
- Allowable charity donation? 104 2
- Debiting private use proportion to directors loan account 334 14
- Giving a seminar 359 20
- New HMRC phone answering method ... 733 10
- Contra entry in Sage Line 50 accounts professional 39 2
- Capital Gains on Inherited Property 408 16
- Ltd co client preparing own self assessment tax returns 1,076 10
- COMPANY DIRECTOR 199 4
- Pattern for CTA 154 3
- Dazed & confused 1,013 6
- Quickbooks or Xero or Kashflow? 399 8
- Desperately seeking Susan, Sam or anyone with any other name 1,153
- Experience with Islamic investor following Sharia-compliant rules? 591
- Darwinpay Partnership Assessment 397
- S464A Charge to tax: conferring benefit & BIK 300
- Interest on Loan to a Company 200
- Bank interest in 'near' facility recall situation 180
- Agent fees to sell business 178
- Alphabet shares 174
- ACCA continuity of practice arrangement needed 164
- Residency 91 day rule 158