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Tax News

Law Society response: HMRC discussion document on helping taxpayers get offshore tax right

Published on: 16 June 2021
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Specialist Tax Regulatory Materials

Article summary

The Law Society has responded to HMRC’s consultation seeking views on ways to help taxpayers get their offshore tax right first time. The Society agrees that the use of offshore data to inform HMRC’s communications and prompts to taxpayers, and particularly to agents, could promote compliance but advises caution where data is incomplete or misleading.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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