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HMRC Send 23,936 Offshore Nudge Letters re 2022/23

HMRC continue to become aware of taxpayers who may be in receipt of income/gains from overseas assets via automatic exchange of information with other countries. This has led to a significant ...

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Stay ahead and protect your business in the face of winding-up petitions

With HMRC under pressure to collect more tax owed, it is moving away from the tolerance shown during the pandemic and back towards a normal level of debt enforcement activity.

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HMRC Requesting Offshore Income & Gains information

As previously discussed here  HMRC have been targeting taxpayers who they believe have overseas income and gains, which may not have previously been disclosed. 

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HMRC's "Offshore Income or Gains” Letters

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 ...

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