Jersey Disclosure Facility
The UK taxman is being given details of all Jersey bank accounts (and many other assets managed in the Channel Island); following a series of landmark agreements with former so-called "tax havens”, effectively ending offshore banking secrecy and offshore tax evasion.
HMRC created a special "tax amnesty" for UK residents who had bank accounts or other financial assets in the Channel Island. The so-called Jersey Disclosure Facility closed for new registrations on 31 December 2015
Disclosed and Worried?
Anyone who submitted a disclosure under the JDF may now be about to receive a tax investigation notice. If you submitted a disclosure and you are worried that you might be subject to a Tax Investigation, or HMRC have already issued you with a Tax Enquiry Notice then you now need specialist help. If HMRC have not accepted your disclosure then they have serious concerns - especially if the unit now investigating you is the Fraud Investigation Service. A Tax Investigation can be wide-ranging, intrusive and extremely distressing. It would seem that the adviser on your original disclosure has not sufficiently addressed HMRC's concerns. Now is the time to turn to experienced Tax Enquiry Experts.
Didn’t Disclose? Time’s running out!
On the other hand, you may have a bank account, trust, company, or other asset in Jersey may not have applied for the JDF. Time is now running out before you receive an inevitable Tax Investigation. If you do not come forward now to make a voluntary disclosure then HMRC may prosecute you. There are still opportunities to get the best terms form HMRC including the specialised Worldwide Disclosure Facility, or the Contractual Disclosure Facility to be guaranteed immunity from prosecution. You do not have long before the inevitable brown envelope lands on your doormat. You need to seek specialist assistance as soon as possible.
How can Lynam Tax Disclosure Experts help me?
Our Tax Disclosure Specialists have decades of experience of Tax Investigations and Disclosures involving offshore bank accounts and other assets. We have been acknowledged by HMRC's Fraud Investigation Service unit as one of the UK’s leading specialists in using the Offshore Tax Amnesties. We can assess your particular situation and advise you of the optimum route. We can manage the entire disclosure process for you, and guide you to a successful result - just as we have done for very many highly satisfied clients.
*To find out more, and for a fully confidential and initially free consultation: phone Paul Lynam now, on: 0845 643 9997
NB:Do Not Delay - The Taxman has your details!!
Lynam Tax Enquiry Experts HELP ME?
- Offshore Bank Disclosures
- Contractual Disclosure Facility/ COP9
- Appeals / Tribunal Hearings
- Tax Amnesty
- Fraud Investigation Service
- Rental Income Tax Enquiry
- Business Tax Enquiry
We specialise in managing all Tax Enquiry, Tax Disclosures & Tax Disputes with HMRC.
We will help you throughout the Tax Investigation or Disclosure and save you money, so you can concentrate on running your business and enjoying your private life.
For a helpful, sympathetic, confidential and no obligation discussion: