HMRC Worldwide Disclosure Facility (WDF)

28 August 2017

Customers have until September 2018 to use HMRC’s WDF to bring their offshore tax affairs up to date. Failure to make a disclosure and pay tax liabilities could lead to tougher penalties, or a civil or criminal investigation.

HMRC’s Talking Points meeting will cover where to find guidance and support to help you make and complete a correct disclosure and will include:

  • offshore property and rental
  • offshore investments and dividends
  • exchange rates to use when converting offshore income to Sterling
  • offshore penalties – the different levels of penalties for offshore income
  • Using the non-statutory clearance process for clarification in complex cases
  • Interaction with Requirement to Correct
 

Talking Points meeting, ‘What is the Worldwide Disclosure Facility (WDF)?’ To be held on Thursday 31 August 2017, 12pm to 1pm - Register your attendance here.