Offshore Assets are assets kept in an area outside of a person’s country of residence. We discuss various aspects of offshore assets and investments in our blog.

Posts

HMRC play the game of hide and seek using their Worldwide Disclosure Facility as overseas exercises gather pace.

Recent news stories about HMRC working with foreign tax authorities and my recent article

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Extra Penalties For Hiding Assets Offshore

At the moment those who fail to tell the taxman about inherited offshore assets are treated equally to those who fail to disclose domestic assets.

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PFP Tax

Ricky and Jason attended the PfP tax investigation evening this week at the Caves in Edinburgh.

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Overseas Tax Minefield

If you are looking to expand your business overseas or just need help understanding the complex tax arrangements that apply to foreign income e.g. remittance basis, then you have come to the right place.

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The Steedman Column – A Tax Stuffing

Tracy Emin, one of the leading lights of the Brit-Art movement reportedly quit the country in early 2009, with the famous quote 'Stuff your 50% tax, I’m taking my tent to France'.

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Tax Taskforce Net Widened by HMRC

HMRC is expanding its compliance programme by announcing a new taskforces that will investigate evasion in sectors and geographical areas.

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Offshore Bank Account Tax Disclosure

Offshore Bank Account Tax Disclosure is commonly understood to be a grey area in HMRC's handling of people with offshore bank accounting.

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