HMRC warning letters to Swiss Account Holders
HM Revenue and Customs (HMRC) recently sent out their first batch of 6,500 warning letters to UK holders of Swiss bank accounts. These warning letters, sent at the end of September, advised Swiss account holders that they have a six week deadline to ensure they are compliant with the new UK tax laws which came into effect in January 2013.
Affected taxpayers are advised to consider using the Liechtenstein Disclosure Facility to bring their tax affairs to order.
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