More British goods and services were sold overseas in 2018-19 than any other year, new figures have revealed.
Compliance is a key component of any business, but it is even more vital in businesses with cross-border relations.
From 1 October 2018, HMRC will be gaining access to information from tax havens that will enable it to identify UK citizens with undisclosed offshore assets, and by inference, undisclosed UK income and taxable gains. Why does this matter? It matters because HMRC has introduced new legislation called the Requirement to Correct which will dramatically … Read more