Andrew Goldstone & Sarah Albury
Tax Journal
19 September 2014

September Private Client Briefing from Tax Journal

An HMRC consultation has been issued on the proposed new criminal offence of failing to declare offshore income and gains. There are also consultations on the global standard for the automatic exchange of information and on the strengthening of DOTAS. Changes to the LDF will potentially mean fewer taxpayers will be able to take advantage of all its benefits. The substantive provisions of the Presumption of Death Act 2013 will soon come into force, allowing for an application for a missing person to be presumed dead to be brought before seven years in certain circumstances.

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