TaxPersonal TaxAdvisers move to snatch tax amnesty work

Advisers move to snatch tax amnesty work

Chiltern steals a march on rivals by setting up a website in anticipation of expected HMRC offshore 'tax amnesty'

One of the leading tax firms has set up a new website in anticipation of HM
Revenue & Customs’ announcement of a ‘tax amnesty’
for offshore account holders.

With
HMRC
widely expected to reveal plans for offshore account holders to pay tax on
undeclared income,
Chiltern
has set up a special website, www.offshoreamnesty.com, which will go live if
an announcement is made by HMRC.

Any amnesty is likely to see hundreds of thousands of taxpayers come forward
with undeclared liabilities to confess, meaning the likelihood of significant
amounts of work for advisers.

The firm will also provide a ‘hotline’, 0845 351 0090, following an HMRC
announcement.

Chiltern provides tax advice to individuals and business advisers.

Further reading:

Offshore amnesty within days

Doubts emerge over HMRC’s £1.5bn Barclays tax haul

HMRC tax amnesty likely for offshore
accounts

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