Liechtenstein clamp down 'to net 3bn pounds for UK'

A clamp down on tax avoidance in Liechenstein could net the UK government up to £3bn, three times the amount initially estimated.

A clamp down on tax avoidance in Liechenstein could net the UK government up to £3bn, three times the amount initially estimated.

The UK government said it had collected £296m so far under an arrangement between the two countries called the Liechtenstein Disclosure Facility (LDF).

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.