This content is from: Home

UK budget gets stricter with anti-avoidance

Alistair Darling, the UK chancellor of the exchequer, announced that the government's Liechtenstein disclosure facility (LDF) has raised £1 billion ($1.5 billion) in extra revenue and said he plans to raise a further £1.5 billion (£2.2 billion) in other anti-avoidance provisions. The LDF allowed people with undeclared investments and deposits in Liechtenstein to settle their tax liability.

To access our market-driven intelligence please request a trial here.

Read this article – and more – for a 30 day period.


Are you already an ITR subscriber? Log in here

Instant access to all of our content. Membership Options | 30 Day Trial