Dealing With HMRC Investigations Into Offshore Accounts

This memorandum has been prepared for the assistance of our clients in connection with information notices issued by HM Revenue & Customs ("HMRC"). It is intended to provide only a summary and it is not intended to be comprehensive in scope. It is strongly recommended that you seek specific legal advice on such matters and we would be pleased to assist in this respect. A series of briefings on other specific aspects of Guernsey and Jersey law has been produced by Ogier and is available on our website www.ogier.com.

The memorandum has been prepared on the basis of the law and practice in Guernsey and Jersey as at 15 October 2009. Whilst it contains a summary of some of the provisions of the HMRC notices it does not purport to offer any English law advice.