UK-Switzerland tax deal with HMRC

Dave Hartnett, Permanent Secretary for Tax, is interviewed about the recent UK-Switzerland tax deal by John Whiting, CIOT Tax Policy Director, and Gary Ashford, National Head of Tax Investigations and Dispute Resolution at RSM Tenon and a member of the CIOT Council. In the interview Mr Hartnett is asked about how the agreement was reached, for his response to accusations that it ‘lets fraudsters off’ and what UK residents with Swiss bank accounts – both legitimate ones where tax has been paid and those where tax has been evaded – should do now. The interview also covers the position of non-doms, offshore life bonds and where HMRC will go from here.