There is a legal “Requirement to Correct” by September 2018, and anyone who does not do so will face penalties for “Failure to Correct” of between 100% and 200% of the tax at stake. In the worst cases there are additional penalties of 10% of the value of the offshore asset and naming and shaming on HMRC’s website.
HMRC’s war on offshore assets
Published on 16th November 2017
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The way you structure your deals will make a big difference to your tax liabilities, access to finance and commercial flexibility.
Structuring property deals
Published on 14th November 2017
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Melissa achieved the highest pass mark both nationally and internationally for her paper in Business Taxation Planning
Congratulations Melissa Varney on your recent exam success
Published on 26th October 2017
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For every successful charity merger there have been many that fell by the wayside.
Thinking of merging charities?
Published on 25th September 2017
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