Tax expert highlights offshore disclosure law
A new law will require individuals and trustees with undeclared tax liabilities related to offshore matters to disclose them to HMRC by 30 September 2018, or face much stiffer penalties.
A new law will require individuals and trustees with undeclared tax liabilities related to offshore matters to disclose them to HMRC by 30 September 2018, or face much stiffer penalties.
There is a little-known inheritance tax loophole that can save families a fortune. This came in to effect in 2015 as a result of the pension reforms by George Osborne, but is fairly unknown.
Tax expert Owen Kyffin warned this week that a quirk in the tax rules could push more high earners into paying 60 per cent income tax.
Companies (including charitable companies) and partnerships have just a few days left to make sure they comply with strict new rules designed to combat tax evasion, leading law firm Blake Morgan has warned.