According to the Times, the Inland Revenue have borrowed the Land Registry books and are trawling through names looking for owners of second homes and buy-to-let properties who may have forgotten to pay Capital Gains on transactions. They're also checking up on people who are buying and selling frequently enough to be involved in property flipping as a trade, and so will be liable to income tax. According to an accountant quoted in the piece, this is a new tactic. More here.
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