Financial Software Ltd’s Offshore Reporting Funds (ORF) solution transforms the time-consuming, labour-intensive tasks of identifying funds, determining tax liabilities and reporting for foreign investments and offshore income gains (excess reportable income), into a simple, streamlined process.
WHY CHOOSE FSL’s OFFSHORE REPORTING FUNDS DATA?
10% of people in the UK have an offshore financial interest, and it is a legal requirement to report any offshore income gains. HMRC is clamping down, investigations increased eight-fold between 2016/17 and 2019/20, and nudge letters to investors with offshore investments are a regular occurrence. In this climate, finding an easier way of identifying funds and determining tax liabilities is crucial. The ORF solution alleviates the pain of gathering hard-to-find data from disparate sources, providing you with information tailored to your needs, and backed by the best fund coverage in the market.
We have established a diverse client base amongst some of the largest wealth management companies, private banks, accountancy firms, and platform providers who trust our offshore reporting data to enhance their customer proposition. The service is competitively priced and if you also use our FSL CGiX software, you can integrate the two for a complete capital gains tax and income tax solution.
Our dedicated team collates accurate auditable information from multiple sources giving you total confidence in your offshore reporting data.
WHAT DOES ORF OFFER?
WHAT IS INCLUDED?
Extensive offshore
fund coverage
Personalised
service
Auditable original
data from the source
Competitive
pricing
Integration with
FSL’s CGiX software
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