Freebies
1st Friday
Tax Chat
News
App

Do you have any undeclared foreign income or gains?

Do you have any undeclared foreign income or gains?

HMRC have announced that their powers to examine your overseas affairs (including what is held in overseas structures) are increasing as more and more countries agree to share information.

So, if you think you may have any undeclared foreign income and/or gains speak to us today so we can assist.

There are a variety of ways to make a full and voluntary disclosure depending on the countries involved and your tax history.

Failure to do so could result in you being required to not only pay the tax due and substantial penalties but prison sentences are also possible – so make sure you contact HMRC before they contact you!

Share Button