Offshore Bank Accounts – Anything To Declare?

Are you aware that the last chance to minimize penalties on monies squirrelled away in offshore bank accounts is upon us?

You have until 30th November 2009 to make a New Disclosure Offer. After that, HMRC gets nasty. They already know who you are as the offshore banks have now coughed names and details to HMRC of UK citizens who are customers. So it isn’t a matter of if – just a matter of when.

There are many reasons why you may be reluctant to come forward and talk to your accountant about this[Content protected for Basic members only. Please login or register to read the rest of this post.]

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Sep 9th, 2009
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