Revenue Offers Offshore Amnesty ; Moneymail

Daily MailApril 18, 2007

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Summary


TAXPAYERS who have hidden income from HM Revenue Customs can now confess and face reduced penalties.

The move by HMRC is aimed mainly at those with offshore accounts who have not disclosed the interest on them.

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Extract


Revenue Offers Offshore Amnesty ; Moneymail

While accounts in the UK are automatically taxed, interest on offshore account...

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