Originally Posted by wee one
The bank (RBS) informed us after the disclosure although they had known about it months in avance So much for offshore. Just proving the fact that I didnt owe hmrc anything cost me £5000 in fees something I could have mitigated if forwarned with appropiate notice of their intended date.
Chances are they wouldn't have been allowed to tell you in advance. Did anyone's bank give notification in advance?
That whole issue was probably treated the same way as any financial investigation. For instance, I know that anyone doing anything to tip off someone suspected of money laundering can find themselves, and their company, on the wrong end of a large fine (and prison if they're really stupid). Bank tellers are trained to not react to large deposits (as much for discretion as well as above).
I suspect tax investigations have similar rules.