Accountants North Wales and North West

IMAGE HMRC Is Increasing Penalties on Offshore Gains
HMRC have announced that undeclared overseas income and assets are going to be penalised at a far higher rate after the first of October 2018.
Until the 1st of October, there is an amnesty period for taxpayers to declare offshore income (Including income gained in the Channel Islands, the Isle of Man, and the Republic of Ireland) and gains under HMRC’s “Requirement to Correct&rd...
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