Chancellor Alistair Darling has outlined details of the second tax amnesty as
part of today’s Budget announcement.
Referred to as the New Disclosure Opportunity (NDO), the amnesty will be
undertaken for holders of offshore accounts and will run until March 2010.
According to a statement, ‘this will give holders of these accounts the
opportunity to disclose, of their own accord, if they have unpaid tax or duties
and to settle debts. HMRC is also seeking to issue notices requiring financial
institutions to provide information about offshore account holders.’
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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