Taxman to examine offshore savers returning to the UK seeking depositor protection.

HMRC is now stepping up its pursuit and is fully committed to commencing high-profile criminal prosecutions of taxpayers to act as a deterrent.

The government’s increased protection for depositors as a result of the credit crunch will lead to more investigations of savers using offshore bank accounts for tax purposes, Grant Thornton claimed today. Accountancy Age 24-Oct-08

http://www.accountancyage.com/accountancyage/news/2229001/offshore-saver...