Until the end of 2015, the Liechtenstein Disclosure Facility (LDF) provided UK residents with undeclared tax liabilities a unique opportunity to settle and regularise their tax affairs with HMRC on favourable terms.
2016 UPDATE: The LDF and similar other voluntary disclosure schemes are now closed and has been replaced by the Worldwide Disclosure Facility (WDF) but will not offer favourable terms. Learn more about the Worldwide Disclosure Facility.
BENEFITS OF THE LIECHTENSTEIN DISCLOSURE FACILITY
The LDF is not limited to taxpayers with accounts or assets in Liechtenstein. Provided a Liechtenstein connection is established (we can help set this up), the LDF can be used as an umbrella for the disclosure of any tax liability connected with any offshore asset, including:-