Taxing the UK’s wealthy: A timeline of a changing landscape
4 Aug 15
Law firm Edwin Coe maps out the upcoming changes to the taxation of high net worth individuals in the UK, as announced in the last two Budgets.
31 December 2015
-Early closure of Liechtenstein Disclosure Facility and Crown Dependencies Disclosure Facilities
-These will be replaced by a tougher new disclosure facility with minimum 30% penalties and no immunity from criminal prosecution
-This will affect taxpayers with undisclosed tax liabilities
Tags: Budget | HMRC | UK Adviser
