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Worldwide Offshore Disclosure Form

How to complete the form

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I am currently completing a Worldwide Offshore Discloure Form for a client to report undeclared ERI from shares held in a portfolio with a broker but I am stumped by the question "Maximum value of assets held outside the UK at any point over the last 5 years".

Does anyone know how this should be answered?

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By Matrix
19th Dec 2018 12:45

Your client will need to provide the figure to you to put on the form. If they have a broker then they can ask them surely.

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By John R
19th Dec 2018 14:32

I spoke to HMRC about this and they agreed that it would be in order to use the highest year-end value of investments etc rather than having to take account of variations during the year, but this agreement was specific to my client rather than a general agreement.

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