Extremely Wealthy
Tax
HMRC assigns tax compliance managers to keep tabs on billionaires
HMRC is ramping up efforts to track the financial affairs of overseas billionaires with assets in the UK. Ultra-wealthy individuals and their accountants have been sent letters informing them they will be assigned dedicated tax compliance managers to ensure they “meet their personal tax responsibilities”, advisers told The Telegraph. It…
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Click here to read the full story: The Telegraph