declaring overseas properties ?
If you are a UK resident and own a property overseas...... How do the UK Inland Revenue know about it if you dont declare it ? If you complete a tax return in the UK and say nothing about the property you own, will it be found out ? Does the country where the property is, automatically inform the UK authorities when you complete a mortgage and purchase of real estate in their country ? or is it purely down to the individual to declare it ?
thank you
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