Business News - June

Take Care What Information You Post On The Internet

It has been reported in the Daily Express that tax inspectors are searching social networking sites for potential tax evaders, who may be ‘advertising’  their wealth or assets which may lead HMRC to believe they have ‘hidden’ remuneration.

Taxpayers are being warned to be careful about what personal information they post on social networking websites as officials prepare to scour the likes of Facebook and Bebo for tax evaders. The article claims that HMRC's Irish counterpart has already started to browse social networking websites.

Internet Links: The Daily Express website

 

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