UK tax authority visit date announced

The British Association of Monaco has announced the date and venue for the HMRC roadshow visiting Monaco.

The British tax authority will hold its public meetings on September 6 at the Monte-Carlo Bay Hotel from 10:00 until 12 noon for a general overview, and from 14:00 until 16:00 on the same day for a more detailed session. This is a HMRC event and admission is free.

HMRC logo

As previously reported by Monaco Life, the HMRC visit is intended to draw attention to the legislative changes to Corporate Criminal Offences (CCO) and the HMRC  ’Requirement to Correct’ ( RTC) that legally obliges taxpayers who have undeclared UK tax liabilities in respect of offshore interests to put things right by telling HMRC about outstanding tax due by September 30, 2018.  This gives taxpayers the opportunity to put their affairs in order before tougher penalties come into force in October 2018, says HMRC.

BAM will be holding its first cocktail after the summer break on Thursday, September 13, at L’Oliveraie, Place des Moulins, from 18:00 until 20:00. The cocktail event on September 27 will take place at a venue to be announced at a later date.