Worldwide Disclosure Facility Specialists
Worldwide Disclosure Facility allows any individuals either UK resident or non-resident to disclose their undeclared income and pay the appropriate amount of tax in the UK. The Worldwide Disclosure Facility replaces the previously available disclosure route known as Liechtenstein Disclosure Facility. Churchill Tax Advisers are one of the UK’s leading experts in making disclosures on behalf of clients through the Worldwide Disclosure Facility. Our team consists of ex-HMRC Senior Tax Inspectors and highly qualified and experienced tax law specialists. Our experience and knowledge means that we are able to handle any size or type of voluntary or prompted disclosure of undeclared income. Our track record is that 100% of our disclosures through Worldwide Disclosure Facility or other disclosure routes such as Let Property Campaign etc have been successful and fully accepted by HMRC.
Disclosure of Offshore Income
The Worldwide Disclosure Facility is mainly used by individuals to disclose their offshore income that has not been previously disclosed in the UK. If you have any undisclosed offshore income and you would like to make a voluntary disclosure to HMRC, the Worldwide Disclosure Facility is the only route that is currently available. This route will allow you to disclose offshore income going back to 20 years. The main advantage of this option is that the penalties payable are considerably lesser than filing through tax returns. Disclosure of Offshore Income is a specialist area and you are strongly advised to appoint an tax specialist well experienced in this area. Contact us on 0207 998 1834 for a free consultation in relation to disclosure of offshore income.
Received a letter from HMRC to disclose your undeclared income through Worldwide Disclosure Facility?
If you have received a letter from HMRC asking you to disclose your income through Worldwide Disclosure Facility, then you need to contact a specialist in this area as soon as possible. This type of disclosure is known as a prompted disclosure. Please contact us on 0207 998 1834 for a free and confidential consultation.