Guidance

Compliance checks: Higher penalties for offshore matters - CC/FS17

Find out about higher penalties that HMRC may charge for Income Tax, Capital Gains Tax and Inheritance Tax when an offshore matter is involved.

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Factsheets are for guidance only and reflect the position of HM Revenue and Customs (HMRC) at the time of writing.

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Published 13 October 2014
Last updated 23 January 2018 + show all updates
  1. Factsheet updated to clarify when an offshore transfer takes place and the penalty percentage for failure to notify for Income Tax and Capital Gains Tax updated.
  2. CC/FS17 factsheet has been updated.
  3. CC/FS17 factsheet has been updated.
  4. Revised English PDF and Welsh translation added.
  5. CC/FS17 factsheet has been updated.
  6. First published.