Offshore penalties regime research
HMRC commissioned Verian to undertake research with recipients of offshore income to explore their views about the current offshore penalties regime.
Documents
Details
This report was commissioned under the Conservative administration (2010 to 2024), and conducted in 2023-2024.
HM Revenue and Customs (HMRC) Research Report 833.
The research was carried out between September and November 2023 to explore taxpayer’s views about the current set of offshore penalties and help inform HMRC’s consideration of whether the current penalties are still appropriate or would benefit from reform.
The research consisted of a quantitative telephone and online survey with 1,005 customers who had not received a penalty and 20 follow-up qualitative interviews. This was alongside 30 qualitative interviews with customers who had received a penalty.