HMRC may check your holiday snaps on social media for tax purposes | Personal Finance | Finance
Brit tourists have been issued a stark warning that HMRC could be rifling through their summer snaps as part of a tax compliance crackdown.
Tax experts caution users about flaunting extravagant lifestyles on platforms such as Instagram, as doing so may flag up discrepancies with reported earnings.
According to tax barrister Andy Wood, “Even your public social media posts are being scrutinised, as they can provide evidence of suspected financial discrepancies.”
Wood elaborates on the perils of…