UK/Swiss Tax Agreement

The UK/Swiss Tax Agreement was signed and published on 6 October 2011.  All UK resident tax payers who have banking arrangements in Switzerland will have decisions to make in consequence of this Agreement, whether the funds held are fully disclosed or non-compliant.  

Where income and gains have not been reported, tax payers will need to consider carefully whether to make a voluntary disclosure (under the Liechtenstein Disclosure Facility) before the Agreement comes into force, in all probability on 1 January 2013.

If this is of interest to you and you would like to know more, please click on the link below to access a detailed report provided by my previous firm of accountants, Rawlinson & Hunter

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