Tax

Is UK Tax Authority After Banks Advising On Offshore Structures?

Nick Parmee 11 August 2010

Is UK Tax Authority After Banks Advising On Offshore Structures?

HMRC is believed to be trying to build a picture of how UK banks and other advisors have advised on offshore tax avoidance, according to the Daily Telegraph.

In a copy of the letter seen by the newspaper, taxpayers are asked to answer "a few short questions about how you opened, operated and maintained your accounts".

The 600 recipients of the letter are thought to have been selected at random by HMRC.

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