HMRC
Tax advisers criticise HMRC for low NDO response rate
The 10,000 responses submitted to HMRC under the New Disclosure Opportunity which shut on Thursday 4 January is disappointingly low, say leading tax experts…
Gibraltar reaches deal with UK government over Qrops
The UK Treasury has agreed to recognise Gibraltar Qrops, following high level talks between Treasury officials and Gibraltar chief minister Peter Caruana, sources told International Adviser. A spokesm
HMRC: 10,000 take up NDO
HM Revenue and Customs has revealed around 10,000 people have notified them of their intention to disclose undeclared offshore income and gains under its new disclosure opportunity (NDO)…
Tax evaders can now disclose online, says HMRC
HMRC has warned tax evaders they face “much higher penalties” and “full investigation” if they fail to come forward under the New Disclosure Opportunity (NDO), through which fines in most cases will b
HMRC issues fresh guidance on Liechtenstein
HMRC has issued fresh guidance over the suitability of using the Liechtenstein Disclosure Facility (LDF) versus New Disclosure Opportunity (NDO) after complaints that a lack of clarity could lead tax