Swiss bank accountsSeptember 28, 2011 The recent Swiss/UK tax deal will affect all holders of Swiss bank accounts who are resident in the UK, even where the income and gains from those investments have been correctly taxed. Significant tax deductions will be made from Swiss bank accounts held by UK residents from 2013, unless the bank account holder authorises the bank to disclose all details of the account to HMRC, and pays all the taxes due in the UK on the investment income. Contact CKLG Accountants in Cambridge for further information or click on the link below. |
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