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Thanks BoyBlue - that's how I understood it as well. It looks as though I will be liable for the tax on the interest accrued since my return to the UK.
That's what I thought too as did my accountant and he's had experience in this field too. He's got a few "big fish" out the mire on more than one occasion so I'm guessing he knows what he's talking about. Until I make the disclosure though, who knows how the HMRC are going to react? Too busy...
In a word, yes, I did. Although I suppose I could go to the agencies I was conrtacting with and see if they have my contracts on file. But I can't see them keeping stuff over 13 years old.
Yeah - but I am going to seek advice on this one mate. Don't think I'm just going to go straight to HMRC with arms aloft saying "it's a fair cop guv". At this point, I'm just looking for clarity on the residency status bit.
Also, from what I gather - if I do make some sort of disclosure, only...
Hi
I was an IT contractor between the years of 1994 and 2000. During that time I accumulated some funds which I kept in an offshore account(s). On returning to the UK I left the money in these accounts and started employment in the UK for tax year 2000/20001. Since then no payments have been...