Welcome to Tax Titbits, the monthly summary of key tax developments in the private client world. Tax Titbits is compiled by Rawlinson & Hunter.

A Proactive HMRC

HMRC have revealed they have received 5.67 million records on UK tax payers’ offshore financial accounts in 2018.  It is not unexpected that HMRC are being more proactive than ever in contacting clients, with a consequential increased need for advisors to provide support to them.

HMRC are also extending the geographical scope of their enquiries.  In the recent case of T Jimenez v IRC the Court of Appeal allowed HMRC to ...