A landmark agreement between the UK and Liechtenstein means HMRC are offering a genuine (but partial) amnesty
In 2009 HMRC announced the Liechtenstein Disclosure Facility (LDF). The LDF is launched on the back of a new Tax Information Exchange Agreement between the UK and Liechtenstein.
A Memorandum of Understanding (MOU) between the two countries is designed to eliminate all UK tax evasion with a Liechtenstein connection by 5 April 2016. Until that date, Liechtenstein is running a taxpayer compliance programme and HMRC is offering a special disclosure facility.
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