Should HMRC ramp up offshore liability (WDF) nudge letters?

Should HMRC ramp up offshore liability (WDF) nudge letters?

Here’s another WDF / “nudge-letters” article from Amit asking questions of HMRC. Written this time for AccountingWEB.co.uk. Please see here: Should HMRC ramp up offshore liability nudge letters? | AccountingWEB

Amit looks at the facts and figures concerning offshore banking data received (annually and automatically) under the CRS (Common Reporting Standard), leading to “nudge-letters” from HMRC, and thus prompting over 52,000 WDF (Worldwide Disclosure Facility) disclosures to date.

See our main page for WDF disclosures.