Open consultation

Tackling offshore tax evasion: A requirement to notify HMRC of offshore structures

This consultation closes on


Consultation on a proposed new legal requirement that intermediaries notify HMRC of the creation of certain complex offshore financial arrangements.


Consultation description

This consultation aims to establish the high level design principles for a proposed legal requirement on businesses that create or promote certain complex offshore financial arrangements to notify HMRC of their creation, and provide a list of clients using them.

Clients in their turn would be expected to notify HMRC of their involvement via a notification number on their personal tax account.

Ways to respond