https://taxagents.blog.gov.uk/2017/08/29/worldwide-disclosure-facility-and-option-to-tax-the-once-and-done-approach-talking-points-meeting/

Worldwide Disclosure Facility and Option to Tax - The once and done approach - Talking Points meeting

As you know, HMRC is getting tougher on those individuals not paying the right amount of tax on their offshore income and assets. On 31 August, HMRC’s Risk and Intelligence Service (RIS) Campaigns, Fraud Investigation Service and the Centre for Offshore Evasion Strategy, will hold a Talking Points meeting to provide agents with a clear understanding of the technical aspects of the Worldwide Disclosure Facility and Requirement to Correct. We want to help agents support clients to make disclosures and get it right first time.

The meeting will cover:

  • offshore property and rental
  • offshore investments and dividends
  • exchange rates when converting offshore income to Sterling
  • offshore penalties
  • non-statutory clearance
  • Requirement to Correct.

Caroline Addison from RIS Campaigns said: “Talking Points is a great opportunity to interact digitally with agents and help them get their customer's tax affairs in order in the easiest way possible, before Requirement to Correct comes into force.”

Thursday 31 August - midday to 1pm   Book now

If you are made aware of tax due, you can point agents or customers to the HMRC guidance, Worldwide Disclosure Facility: make a disclosure.

We ‎are also hosting a talking points on Option to Tax.

Option to Tax - The once and done approach

This meeting is a general overview of option to tax, when to notify, how to notify and who can notify.

Friday 1 September - midday to 1pm   Book now

Click on the Tax agent toolkits link to find the help and support you need.

And for help at a time that suits you, we have a selection of recorded Talking Points meeting.

Get involved

You can ask questions, either before the meeting to the email address below or on the day using the onscreen text box.

Talking Points are based on your suggestions and feedback, so drop us an email at team.agentengagement@hmrc.gsi.gov.uk.

Please tell other agents about the Talking Points meetings and encourage them to join us.

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