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  1. Wealth
September 27, 2010

BBC: HSBC clients’ names handed to HMRC

By Spear's

Hundreds of wealthy UK taxpayers have been sent letters by HM Revenue & Customs over possible large-scale tax evasion, the BBC has learned.

Hundreds of wealthy UK taxpayers have been sent letters by HM Revenue & Customs over possible large-scale tax evasion, the BBC has learned.

It is understood HMRC has acquired a list of high net-worth individuals with accounts at the Swiss division of HSBC.

The list was stolen by an employee and passed to the taxman by the French authorities. The bank is not accused of any wrongdoing.

To read the full story, visit bbc.co.uk

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