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bigduckontax, Accountant
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I have received a letter from HMRC regarding the Worldwide

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I have received a letter from HMRC regarding the Worldwide Disclosure Facility and would welcome some advice before I answer
Submitted: 3 months ago.
Category: Tax
Expert:  bigduckontax replied 3 months ago.

Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.

What are HMRC actually saying in their fishing expedition?

Customer: replied 3 months ago.
the letter says that 'our information indicates you may currently have, or previously had, income or gains from offshore money or assets' - it's the second letter in a week, it mentions that it is 'the final opportunity to bring your worldwide tax affairs up to date' - oddly there is no deadline? Perhaps it would be better to speak on the phone, I see that there is Switch to a live phone call option?
Customer: replied 3 months ago.
not sure whom I am talking to - are you familiar with Worldwide Disclosure Facility?
Customer: replied 3 months ago.
would it be better to talk at a later time today?
Expert:  bigduckontax replied 3 months ago.

My immediate reaction to what is clearly an HMRC 'fishing expedition' is, do you actually have offshore income? If you do then declare it, if not respond the HMTC's letters denying any such income. Do this in writing, not by verbal communication.

I do hope that you have found my advice of assistance.

Customer: replied 3 months ago.
I am a French national and while I moved to the UK several decades ago, I have kept my current account with my French bank + a savings account with basically 200 euros on it. However, the account is registered to my UK address and would have surfaced as part of the recent international banking information exchange - although it brings me no revenue I guess I will have to fill the Worldwide Disclosure Facility form and declare it - I was completely unaware of this initiative until now.
Expert:  bigduckontax replied 3 months ago.

You are only required to declare income upon which tax has not been levied. In this case there is no income to declare and I would advise you to tell HMRC politely to take a running jump and concentrate more on the big boys like Starbucks and Vodafone for example whose armies of accountants and lawyers give HMRC a rough time and thus escape proper tax attention!

Customer: replied 3 months ago.
If I understand you correctly, there is no need for me to come forward under the Worldwide Disclosure Facility, simply because I do not receive an income from my French accounts - I guess this is what I'll answer to HMRC although they may insist that I do register under the scheme. Finally in your opinion, could I do that myself, or would I need to enrol the services of a tax advisor?...which would of course be rather costly. To Starbucks and Vodafone you could add Amazon, probably the worst of them.
Expert:  bigduckontax replied 3 months ago.

Tell HMRC to mind their own business as you have no overseas income end of story. Warn them that persistent questioning constitutes debt harassment, a criminal offence.

Customer: replied 3 months ago.
Thanks and I'll follow your advice.
Expert:  bigduckontax replied 3 months ago.

Delighted to have been of assistance.

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