From The BBC:
HM Revenue & Customs (HMRC) has given extra time for people to confess to dodging tax through offshore accounts.The deadline of its current disclosure campaign has been extended from Monday 30 November to Monday 4 January 2010. That is the date by which UK taxpayers who have failed to pay tax on their offshore savings or investments must indicate they will pay up. The Revenue said the decision was taken to give banks extra time to contact their customers with offshore accounts. “We know that some bank customers will not be contacted by their banks in good time for the original deadline of 30 November so in the interests of fairness we have decided to extend our deadline by a month to 4 January,” said Dave Hartnett, HMRC’s permanent secretary for tax. “The new disclosure opportunity (NDO) is voluntary but from the start of the New Year we will begin to investigate those who were eligible to use the NDO but instead buried their heads in the sand.” Paying upPayment of any unpaid tax m…
Leave a Reply