TaxPersonal TaxHMRC sets up confessional

HMRC sets up confessional

Taxman sets up single point of contact for those with offshore assets to declare after legal ruling

The taxman has set up a special point of contact for those with offshore
assets to declare their interests and unpaid duties.

In a statement on its website, HM Revenue & Customs says: ‘Following
recent media publicity it is apparent that some customers or their
representatives wish to contact HMRC to make disclosures in respect of assets
held offshore, where there may be unpaid duties. HMRC is anxious to facilitate
such approaches, and has set up a single point of contact to handle your
queries.’

HMRC last week won a landmark judgment entitling it to access the offshore
accounts of hundreds of thousands of Barclays customers, in an attempt to regain
an estimated £1.5bn in unpaid tax.

Click here for
the contact details.

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