HMRC caps offshore penalty at 10% - Accountancy Age.
The new tax amnesty has a 10% tax rate - but not for the customers of the Big 5 banks covered by the previous one.
Of course Jersey, Guernsey and the Isle of Man say there is no evasion there.
Doesn't look like HM Revenue & Customs ageree to me.
Time will tell.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
