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 on an Aussie couple contacting me for help …
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.
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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. However new penalties of up to 200% of tax due will be introduced in the
Ricky and Jason attended the PfP tax investigation evening this week at the Caves in Edinburgh. PfP offer fee protection insurance to businesses, which covers their professional fees in the event of a tax investigation. There were presentations from five
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. Steedman & Company offer over 25
While 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” and thousands of celebrities, footballers, and hedge
HMRC is expanding its compliance programme by announcing a new taskforces that will investigate evasion in sectors and geographical areas. HMRC is expanding its compliance programme by announcing a new taskforces that will investigate evasion in sectors and geographical areas.
Offshore Bank Account Tax Disclosure is commonly understood to be a grey area in HMRC’s handling of people with offshore bank accounting. In 2007 the government won an appeal from Barclay’s Bank to stop HMRC accessing customer’s accounting. Many who …