Disclosing Your Tax Irregularities Voluntarily Is Always Better Than Getting Caught First, With A Potential For 170% Lower Penalties
Tax disclosures are generally either done through a disclosure facility such as the Isle Of Man Disclosure Facility or Liechtenstein Disclosure Facility for when you have undisclosed offshore assets, monies or assets or alternatively through a tax amnesty.
The offshore disclosure facilities offer you favorable terms when disclosing your previously undisclosed assets or monies. Under certain circumstances when you aren’t independently deciding to disclose your tax irregularities but instead get caught by HMRC you will have to pay 200% of tax avoided as well as a penalty and interest.
However, by using a disclosure facility or amnesty, this can be reduced by 170% under usual circumstances and even entirely irradiate all penalties if the irregularity was due to an honest mistake.
We Will Represent You Every Step Of The Way, Leaving You To Carry On Life As Normal
Our team of reputable advisors includes the very people who previously helped design the system that you’ll be using to disclose your tax irregularities, giving us unprecedented knowledge of the system. We will ensure that you don’t pay a penny more than you absolutely have to and minimise stress, leaving you to run your business, spend time with your family and generally carry on your life as normal.