Dominic Lawrance quoted in The Telegraph on the "requirement to correct" tax legislation
Dominic Lawrance was quoted extensively in The Telegraph discussing the "requirement to correct" tax legislation which came into force on 30 September. Read more below.
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The Corrections: taxpayers required to address errors in offshore tax reporting by 30 September 2018 or face stringent new penalties
HMRC now have a nuclear legislative weapon against offshore non-compliance, in the form of the ‘requirement to correct’ (RTC) legislation.