Recent content by christo14

Reading not your strong point?

I'm sorry to hear you still have criminal worries Marketint. I hope the courts in your country show leniency or better yet the authorities choose not to prosecute. I am meeting with a lawyer on Thursday to review my options and currently it looks like I can make the necessary disclosures to...

Thank you for the swift reply Marketint. Firstly I should ask if you are ok? Did you have anything to worry about? I think the Dutch and Aussies were the first receivers of the info. Are you from one of those nations? Have you settled with your tax authority or is it still ongoing? Did they...

I don't know your age or situation but I do recommend having a family. My first marriage only failed due to some pretty unique circumstances (l won't get into it here). But if you find a good woman (they are out there) they will bring you contentment (even though it may not always appear so) and...

Can I ask how you know that for sure Marketint? As even the detail on my letter isn't fully accurate. Yes, yours looks very 'boiler plate'. Mine is a second communication where HMRC first said "We have reason to believe you have received foreign income". The details aren't quite correct...

Revelling in the misfortunes of others is a poor trait... FYI that account was only used 2016 to 2018 and I can only think of a few "large transaction", one of which was liquidating my personal account in the US and moving it to EPB. Although, who knows what HMRC consider to be large? If HMRC...

Not good for me then. I only returned to UK as my marriage went tits up. Had a 9 month long battle with depression and alcohol after that ordeal. If I'm looking at jail time and total loss then I may as well just jump. Things just starting to go right for me too. Got a 2 year old and meant to be...

Thanks Radko. I'm meeting with a lawyer this week to take advice. I won't rush anything in this situation

From HMRC: "I have evidence to suggest you hold at least one account with Euro Pacific International Bank (EPIB). I have reason to believe that large sums of money have passed through your account(s) with this bank, dating back to at least 06 March 2015. My evidence suggests that you have made...

Ok, thank you for replying Peter. I guess it is prudent to assume they have everything dating back to 2015 (this is what HMRC have told me).

My guess is a lawyer will help negotiate a settlement with HMRC. Which will likely be HMRC's interpretation of what's owed plus a large fine on top. HMRC maintain their primary policy is to recover unpaid taxes. So they may agree not to prosecute for full compliance with their procedures and...

Well it's not that simple. There is how I see it and how HMRC will interpret it. If I had the statements I could make a better argument than without. And as for the scaremongering, doesn't work but have a great day.

Hi Peter, Can you elaborate on what information the authorities have. Do they have all account holder details including balances, transactions and full statements? If so what years do they have? All account history dating back to what year? Was this information given to the authorities by the...

Are EPB still operating? I read it was shut down. Do you think they will give me historical statements as I haven't been a client for 4 years now?

The J5 tax authorities (HMRC, IRS, Aussie equivalent etc) have data on account holders information. They are now pursuing these individuals for unpaid/undeclared tax (I'm one of them). The authorities have not disclosed what information they have and are sending letters out to account holders...