Back to InsightsNudge Letters and Worldwide Disclosure Facility FAQ By admin 12 Jan 2023 Accounts & Compliance Ok so you are in receipt of a nudge letter from HMRC. Most recent nudge letters have been sent out in relation to the world wide disclosure facility:“Dear Mr TaxpayerYour overseas assets, income or gainsWe have information that shows you may have received overseas income or gains that you may have to pay UK tax on. We have received this information through the UK’s tax information exchange agreements with other countries.We want to help make sure you are paying the right UK tax on your overseas income and gains.We have compared the information we have received with your tax record and tax return(s). We believe that you may not have paid the right amount of UK tax. There may be a reasonable explanation for this.We are giving you the opportunity to review your tax affairs and to tell us about anything that you may need to put right. Some people with assets overseas have found that earlier tax advice is out of date after changes to their personal circumstances or to tax law.”Nudge letters have also been sent out in relation to the Let Property Campaign, E-traders and those using tax avoidance schemes.In receipt of a letter, you are likely to feel a little uneasy about whether you have a tax problem or not. You may be worried that you have a tax problem not only in the UK but also overseas.[accordions id=’1599′][cs_gb id=1263] Back to Insights