swiss tax | AccountingWEB

swiss tax

It’s the day after the pre-election Budget and news headlines this morning cover EU VAT exemptions, the Swiss tax scandal and moves towards a common reporting standard.


The chairman and chief executive at HSBC have said sorry for "unacceptable" practices at its Swiss private bank, which allegedly helped rich customers evade tax.


An email which the whistleblower at the centre of the

HSBC is back in the spotlight again over allegedly helping clients evade tax and offering deals to help them stay ahead of the law.



I have a client who after many years living abroad has retired, returned  to the UK and become resident again.


Hi, I worked in switzerland for 7 months for a swiss company. From my salary deductions were made for income tax ,social security,unemployment insurance,pension, accident insurance.


A potential risk has emerged for advisers whose clients have opted for the withholding tax route under the Swiss-UK agreement, according to BDO.

HMRC has received £342m from Switzerland as a result of the Swiss-UK tax deal which came into force on 1 January. 


Switzerland's oldest bank is set to close after pleading guilty in a New York court to helping Americans avoid taxes.