Association of International Accountants: (AIA)
In a useful article linked to above, PKF Accountants are quoted as outlining a subtle difference between the current and previous Offshore Tax Amnesty scheme. In short the last scheme run by HMRC was matched by a virtually identical scheme in the UK. This time the supporting UK scheme is not on offer. So the advice is still to take advantage of this offer but don't expect the same treatment for any undeclared UK income or assets.
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