HMRC gives offshore customers chance to come clean
UK residents who were named in the leaked Pandora Papers are being given the chance to correct their tax affairs.
HM Revenue and Customs (HMRC) is writing to UK residents named in the files of 14 offshore financial service providers. These providers specialise in companies, trusts, and foundations in low, or no tax, jurisdictions.
The letters, which started going out this month, warn recip