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  • BUSINESS: Offshore accounts: Inland Revenue gives five month deadline for payment of tax

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BUSINESS: Offshore accounts: Inland Revenue gives five month deadline for payment of tax

Off shore accounts have long been a refuge for the money of the rich and resourceful - to maximise interest and avoid paying UK tax. Now the Inland Revenue is giving the three million Britons who have an offshore account a five month deadline to make outstanding tax payments.

ITN Source | April 16, 2007Watch more videos from ITN Source

Tags:. .month. .five. .source. .million. .interest











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