HMRC
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Regulation & Law
Thousands more estate agents register with HMRC for AML supervision
Thirdfort boss Olly Thornton-Berry says that despite swelling numbers around 4,000 branches still need to register or complete renewal with HMRC.
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Latest property news
Private landlord ‘exodus’ revealed in official CGT figures – claim
Thousands of landlords are leaving the PRS as Capital Gains Tax returns show, according to a wealth management firm.
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Latest property news
Estate agencies ‘not taking AML seriously’ says legal senior
Mark Jones from leading law firm Payne Hicks Beach says there has been little improvement if any in the way agencies approach AML regulation.
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Latest property news
New landlord database will be a ‘gold mine’ for tax investigators
BDO's Dawn Register says the Renters’ Reform Bill proposes a private rented sector database with details of landlords and their properties let under residential tenancies.
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Latest property news
EXCLUSIVE: ‘Sourcing agents’ warned to be AML compliant or face ‘eye-watering’ fines
Tina Walsh, head of trade body NAPSA, says agents who 'source' property investment deals are now on HMRC's radar.
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Latest property news
Significant sales market slowdown is confirmed by HMRC
Latest figures from HMRC reveal a drop in sales last month, as the housing market loses momentum following last year's boom.
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Housing Market
MARKET: Number of house sales dropped in December but ‘still strong’
Sales dipped 3% on November but were just 1% down on the same time last year, government figures from HMRC reveal.
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Latest property news
Watch out, HMRC’s about as estate agency AML fines start to rise
The average Anti-Money Laundering (AML) fine issued to the estate agents for non-compliance has started to climb, reversing the previous downward trend seen throughout the pandemic.
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Latest property news
Industry urged to press ahead with tax digitisation despite U-turn
Government plans to digitise the tax process for business owners are still going ahead – despite a two-year delay – and agents and landlords have been urged to stay ahead of the game.
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Housing Market
Conveyancers ‘need to leverage technology to keep pace’
Conveyancers need to leverage technology to keep pace with demand and help cases complete before market conditions worsen, Search Acumen has warned.
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