HMRC's educational campaign letter: Deferred consideration

HMRC’s Wealthy External Forum have issued a briefing to forum members regarding an educational campaign letter to be sent to individuals who HMRC believe may have disposed of shares in an unlisted company during the sale of the company and may, as part of that sale, have received deferred consideration. Where taxpayers are represented by an agent the proposed letter will be directed to the agent. Unrepresented individuals will receive the letter direct. The letters will be sent in October by Wealthy & Mid-sized Business Compliance.

Briefing (dated 7 October 2020)
Deferred consideration letter agent
Deferred consideration letter individual