By Simon Read HM Revenue and Customs (HMRC) sent out a stark warning to offshore bank account hol...
By Simon Read HM Revenue and Customs (HMRC) sent out a stark warning to offshore bank account holders in February. The department's ongoing campaign to bring to book people who shelter cash overseas to avoid paying UK tax moved up a mark when it raided four banks with orders to divulge details of its customers. The Revenue has steadfastedly refused to reveal the names of the four banks concerned, but they are believed to be HSBC, HBOS, Royal Bank of Scotland and Lloyds TSB. Following the Revenue's landmark court decision against Barclays last year, it means all five major UK high street...
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