Coming Clean to the Taxman

Nick Mogford, tax consultant for GSC, advises people on how to handle investigations by HMRC into their individual tax affairs.  He outlines in an article for Spear’s Magazine 16.06.14 how HMRC have been improving their information-gathering process relating to offshore accounts held by UK residents.  He details a variety of opportunities people have to come clean via agreements on offshore money held in Liechtenstein, Switzerland and the British Territories.