The Deadline looms under the Requirement to Correct – less than 80 days to go!

Urgent Notice for Trustees and Corporate Service Providers

HMRC updated its guidance on 11 July 2018 on the Requirement to Correct or RTC in relation to the new offshore non-compliance measures introduced by the Finance (No.2) Act 2017.

Read a copy of our latest Briefing Note to find out more.

Our experienced professionals in the Wealth Planning team can review any existing structures and provide a health check which will either give the all clear that no tax is due or will highlight areas of concern in terms of non-compliance and, where appropriate, provide the guidance to offshore service providers to avoid the severe penalties imposed for non-compliance.

For more information about these issues and how they could affect you, please contact Robert Drysdale or a member of our Rooks Rider Solicitors’ Wealth Planning team.

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