HMRC are currently sending out letters to taxpayers requesting more information on overseas income and gains, which may not have previously been disclosed to HMRC. This letter has been sent because ...
February 14, 2019
by Jamie Favell
in
Current Affairs
,
foreign income
,
HMRC threats
,
information exchange
,
Non-Dom Tax
,
offshore gains
,
overseas assets
,
overseas income
,
Private Client Tax
,
undeclared
,
WDF
,
criminal offence
,
foreign gains
,
offshore income
,
overseas gains
,
Press Releases
,
Worldwide Disclosure Facility
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To recap, if you are a non-dom living in the UK, certain tax residency milestones can impact your tax status.
A £30,000 charge applies to access the remittance basis for those who have been resident ...
January 9, 2019
by Jamie Favell
in
Current Affairs
,
offshore gains
,
Private Client Tax
,
Client News
,
rebasing
,
offshore tax
,
remittance
,
tainted capital
,
tax cleanse
,
cleanse mixed funds
,
mixed fund cleansing
,
tainted funds
,
Tax Planning
,
untaxed remittance
,
income capital funds
Read More