Offshore Tax Investigations

If you have received a letter from your bank or from HMRC regarding your offshore account.

308 banks are providing information to HMRC about clients who have offshore accounts. Many of these banks are issuing letters to their clients warning them that information has been provided to HMRC.  If you have received such a letter it is not too late to make a disclosure to HMRC, and by doing so you will undoubtedly get more favourable treatment than if you wait for HMRC to approach you.

If you have received a warning letter from your bank and are unsure what to do about it, call us on 0845 643 5450 for a confidential discussion.

If you have received a letter from HMRC we strongly advise you to take immediate professional advice.  The worst thing you can do is to ignore it – HMRC will not go away. Even if HMRC have contacted you, it is still possible to limit the seriousness of the outcome by making a full disclosure at the outset.  We are experts in handling all types of tax investigation and our involvement will bring the whole situation under control, allowing you to benefit from the best penalty reductions available in your particular circumstances.

Because we have handled hundreds of investigations we understand that there may be complex or sensitive reasons why the account was not disclosed originally and we are skilled in dealing with difficult situations.  Our expertise will benefit you financially in guiding the process to the least expensive conclusion, and, more importantly, by taking the stress away from you as far as is possible.

Even if you are under full investigation by HMRC, it may still be possible to take advantage of favourable options, for example the generous terms of the Liechtenstein Disclosure Facility.

So, whatever your situation, call us on 0845 643 5450 to discuss what can be done.