Innocent Entanglements

Home Publications Articles Innocent Entanglements
11th April 2019

An article based on an actual case on which we advised involving a typical offshore trust and company structure into which HMRC raised an enquiry alleging a deliberate omission by the taxpayer and requested extensive information.  A successful review under TMA 1970 s.49A was conducted with the result that no penalties were imposed by HMRC.