Tax Man going to be busy!

[Moscow Mule]

Not that I have an offshore bank account, but, is this amnesty for any UK resident who has an offshore account anywhere in the world, or just for those who's off-shoring arrangements fall within the jurisdiction of the EU/Switzerland/dependent territories?

I think it's just the EU that they can trace, excluding Luxembourg and Switzerland who have quite stringent rules about disclosure.

Chap next to me had a letter about his account in Jersey. Others with Cayman/Swiss accounts have had nothing.

[scooterscot]

So Hong Kong is safe? har har...

[ratewhore]

I think it's just the EU that they can trace, excluding Luxembourg and Switzerland who have quite stringent rules about disclosure.

Chap next to me had a letter about his account in Jersey. Others with Cayman/Swiss accounts have had nothing.

I think I read somewhere (probably the Sun) that Luxembourg and Switzerland had to agree to either give the tax man this information or levy a flat-rate 15% tax, probably just on the interest.

[Moscow Mule]

I think I read somewhere (probably the Sun) that Luxembourg and Switzerland had to agree to either give the tax man this information or levy a flat-rate 15% tax, probably just on the interest.

EWT