Requirement to Correct | KPMG | IM

Requirement to Correct

The UK’s Requirement to Correct will end in September 2018. Failure to correct regime will apply featuring harsher penalties.

16 March 2018, 9:00AM - 11:00AM, GMT Douglas, Isle of Man

We are pleased to welcome Graham Davies of HMRC to the Isle of Man on 16 March. Graham is a senior member of HMRC’s centre for offshore evasion strategy and is heavily involved with the Requirement to Correct.

As most in the industry will be aware, in September of this year, the UK’s Requirement to Correct will come to an end, and the Failure to Correct regime will apply, featuring at its core much harsher penalties than those currently applicable.

This event offers an opportunity to hear direct from HMRC in relation to the Requirement to Correct and to raise questions you may have.

Following HMRC there will be presentations from Derek Scott, Greg Jones and Katie Kneale from KPMG.

Finally, a panel discussion will address some of the concerns showed by practitioners and advisers and provide feedback from HMRC.

Admission is free but places are limited to a maximum of 3 per company.

To register for this event, please use the Register link above.  Confirmations will be sent after the registration deadline of 6 March

If you have any queries, please contact Sharon Stott by email sharonstott@kpmg.co.im or telephone 01624 681014.

We look forward to seeing you on 16 March.

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Agenda

09:00    Coffee & networking

09:15    Event starts

             Presentations will be conducted by:

                - Graham Davies, HMRC

                - Derek Scott, Associate Partner, KPMG in the UK

                - Greg Jones, Tax Director, KPMG in the Isle of Man

                - Katie Kneale, Tax Manager, KPMG in the Isle of Man

             Panel session

11:00    Event Ends

Guide