moving funds offshore back to uk

innovate

gpduffy wrote: »

I dont see why I should declare this

I chose offshore as the rates were good and i actually paid 35% retention tax which hmrc received

if you have already paid your dues to HMRC, why did you say you don't want HMRC to detect it?

gpduffy wrote:

I want to keep this offshore though .. any ideas where to move it?

Change of plan then. What's wrong with leaving the money in Jersey?

grey_gym_sock

paying retention tax doesn't exempt you from reporting your income accurately to HMRC, and paying the correct rate of tax on it.

DTDfanBoy

gpduffy wrote: »

I dont see why I should declare this

I chose offshore as the rates were good and i actually paid 35% retention tax which hmrc received

I want to keep this offshore though .. any ideas where to move it?

You have well and truly been caught with your pants down, you should have known that HMRC has been chasing Jersey for a while now

Just own up and pay what you owe, there's no way now that HMRC will not be made aware of assets you have had tucked away in Jersey, it's only a matter of time :cool:

gpduffy

constructive advice only

OTHERWISE DONT POST!

Archi_Bald

gpduffy wrote: »

constructive advice only

OTHERWISE DONT POST!

Shouting doesn't change anything. You have already had plenty of constructive advice, even if it is not what you wanted to hear.