Holders of Swiss accounts given final warning
Posted by mostafa on 18 December, 2012
No comments yet
This item was filled under Tax
The Revenue is writing in the days leading to Christmas to UK holders of bank accounts in Switzerland. They are being warned that failure to disclose full details of their income could lead to penalties of up to 150% of taxes owed.
This is the third and final tranche of letters to taxpayers who have been found to have Swiss accounts.