25 February 2021

HMRC’s Worldwide Disclosure Facility and its link to Italy

HMRC have began issuing "nudge letters" to UK residents with a financial connection to Italy and potential tax liabilities on overseas income or gains, prompting them to make a disclosure under the Worldwide Disclosure Facility (WDF).
5 October 2020

HMRC prompts UK residents with a financial connection to India to disclose under the WDF

HMRC are targeting UK residents that hold NRI/NRO/NRE bank accounts in India. Attached is a Certificate of Tax Position prompting those with undeclared assets in India to declare under the Worldwide Disclosure Facility (WDF).