£3bn due in Liechtenstein tax plan

Updated
Euro notes
Euro notes

Up to £3 billion is set to be raised by 2016 from UK taxpayers with money hidden in Liechtenstein, surpassing previous expectations, HM Revenue and Customs (HMRC) has said.

More than 2,400 people have registered to disclose unpaid tax since the Liechtenstein Disclosure Facility (LDF) was signed three years ago, with £363 million already paid in tax bills.

Advertisement