The government should introduce a tax amnesty when new EU rules come into
effect on Friday.
From Friday, the government will be able to access the details of those who
hold accounts in the EU, a move that is likely to result in thousands of
enquiries as to the nature of offshore holdings.
Accountancy firm Blick Rothenberg has suggested that the UK government should
offer a temporary amnesty from investigation and prosecution for those caught by
the new rules.
The move is thought to be unlikely. A spokesman for Revenue & Customs
told The Telegraph: ‘Those who cheat the system will be subject to our
scrutiny sooner rather than later.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy