HMRC has received £342m from Switzerland as a result of the Swiss-UK tax deal which came into force on 1 January.
swiss tax deal
Time is running out for Britons with money hidden in Swiss bank accounts.
HMRC has opened a new specialist unit to target taxpayers holding assets offshore to evade tax.
The tax deal signed between the UK and Swiss governments on 6 October is beginning to look more and more like a publicity stunt that will provide few practical advantages for UK taxpayers with Swis
The UK and Switzerland governments have signed a controversial agreement to tax money held by British citizens in secret Swiss bank accounts. Nick Huber reports.