Worldwide Disclosure Facility (WDF)
Worldwide Disclosure Facility (WDF)
HMRC announced the Worldwide Disclosure Facility (WDF) on 5th September 2016. The WDF offered individuals with financial interests overseas the opportunity to bring their tax affairs up to date back in the UK.
HMRC is actively writing to individuals to encourage them to make a disclosure of any unpaid tax through the Worldwide Disclosure Facility. The WDF is just one option available for those looking to bring their tax affairs up to date.
Our team has a wide range of experience in this area and can discuss your potential options to make a disclosure to HMRC in a free initial phone consultation - click here to arrange.
HMRC Worldwide Disclosure Facility - Call 0113 387 5670
If HMRC has contacted you by letter about the Worldwide Disclosure Facility, we are here to help.
The Worldwide Disclosure Facility is an option for anyone who has undisclosed UK tax liabilities connected to:
- Foreign income derived from outside of the UK.
- Assets, investments and bank accounts held outside the UK.
- Financial activities carried out outside of the UK.
- Funds linked to unpaid tax that are transferred outside of the UK.
HMRC Worldwide Disclosure - Contact Us Here
Arrange a free initial 15 minute phone consultation in complete confidence.
If you would like to discuss the possibility of making a voluntary disclosure of unpaid tax through the Worldwide Disclosure Facility, you should contact our team of tax disclosures professionals to discuss your circumstances in complete confidence prior to contacting HMRC.
The WDF is one of a number of options available and our team have considerable experience of assisting individuals through the process and in liaising with HMRC to achieve favourable results for those with unpaid tax from offshore interests.
Unlike the Liechtenstein Disclosure Facility and British Crown Disclosure Facilities, the Worldwide Disclosure Facility does not offer special terms, such as reduced penalties and immunity from criminal prosecution, and so for many, the best option is to seek advice and to take action.
In the last 12 months we have assisted over 100 individuals with overseas financial interests. We have handled voluntary disclosures for clients across the World including countries such as Australia, USA, South Africa, Spain, Andorra, Bulgaria, Germany, Ireland, Denmark, China, Hong Kong, Singapore and India.
To discuss making a tax disclosure through the Worldwide Disclosure Facility, or your UK tax liabilities from offshore interests generally, call us on 0113 387 5670 or fill out an Enquiry Form
and we will contact you directly.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
“I’m late filling in my tax return” is a statement that we see time and time again in the enquiries that we see coming through from tax payers who have issues and are contacting us for assistance.
Let Property Campaign - Rental Tax Disclosure Case Study.We assist individuals in making disclosures of unpaid tax to HMRC and in investigations by HMRC. Call us on 0113 387 5670
Contact us today to find out how we can assist you...
To hear more about our Tax Investigation Services or to discuss a potential case with a member of our team, call us on 0113 387 5670.
Alternatively, you can email us at enquiries@forthsonline.co.uk
or fill out an Enquiry Form
and we will contact you directly.