Offshore Disclosures

In addition to the headline initiatives HM Revenue & Customs have always undertaken project work in this area through their specialist investigators in the Fraud Investigation Service. HMRC also issue many thousands of ‘nudge letters’ to the public where they hold information about offshore savings and assets. The most serious cases may be worked with a prosecution in mind from the outset or through an approach under Code of Practice 9

Any investigation and enquiry by HM Revenue & Customs involving an offshore element should be treated with great caution and appropriate advice should be sought at the earliest opportunity.

Rooney Tax Services can assess the situation and objectively advise you of the best course of action to take; your affairs may be complex, there may indeed be international tax issues involved and there could be UK issues that need to be taken into account. We can assess the position and objectively advise you as to the best course of action whether it be through the Contractual Disclosure Facility (CDF), the World-Wide Disclosure Facility or the more regular routes of voluntary disclosure.

Our considerable experience will be available from the first point of contact to help you take the right route to resolving any offshore tax issues with HM Revenue & Customs.