Following an agreement between HM Revenue & Customs (“HMRC”) and the Government of Guernsey, HMRC have agreed to make available a disclosure facility – the “GDF”.

The GDF is available from 6 April 2013 until 30 September 2016 and has been introduced to help UK taxpayers with investments in Guernsey to apply the terms of the facility to regularise their UK tax affairs with HMRC.

By coming forward under the GDF they may be able to take advantage of a number of special terms.

Further guidance on the GDF about eligibility and making a disclosure, including the full MOU and Frequently Asked Questions, is available from the States of Guernsey and HMRC websites:

http://www.hmrc.gov.uk/offshoredisclosure/guernsey.htm

www.gov.gg/article/106881/Guernsey-Disclosure-Facility-GDF

Alternatively, you can contact HMRC’s Offshore Disclosure Facility Helpdesk:

Website: http://search2.hmrc.gov.uk/kb5/hmrc/contactus/view.page?record=zdl8hG_Uy6w&titleindex=0

Write to: Specialist Investigations, GDF Team SO694, PO Box 29992, Glasgow, G70 6AB

Telephone: 0300 123 1080 (for calls within the UK)

+44 151 300 2714 or 2731 or 2709 (for calls outside the UK)

This information is provided for general information only, Concept does not provide financial, legal nor tax advice, and nothing in this document should be construed as such. Concept  shall not be held responsible for any liability or loss arising directly or indirectly from any reliance placed upon the content of this document. Concept recommends that all individuals should seek their own appropriate advice.