More than 60,000 disclosures have so far been made to HM Revenue & Customs Offshore Disclosure Facility.
Tens of thousands of disclosures have been made over the last couple of weeks, with just 11,000 made by last Friday.
The taxman is targeting around a quarter of offshore accounts it holds details on - or around 100,000 people.
Today is the last day that people can disclose to the offshore disclosure facility. Those that disclose will have until 26 November to pay their full tax with a 10% penalty.
After today HMRC will begin targeting individuals who failed to make a disclosure.
Contrary to reports, director general Dave Hartnett told Accountancy Age that the taxman would not just focus on prosecuting the rich and famous, instead it would look to prosecute across a broad cross-section of society.
‘We need to provide a deterrent for the whole of society, and those 400,000 investors represent a microcosm of society,' he said. 'So [HMRC has to] make sure our activities are well-known and reach out to every strata of society.’
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