Specialist Tax News

Tax catch up plan

This is the somewhat quaint name of the latest HMRC initiative to tackle tax defaulters. It is aimed at those delivering tuition and coaching or who use those skills in another way to supplement income, but it also provides a means of telling HMRC of ANY undeclared income or gains with the promise of lower penalties than would normally apply.

If you hear of anyone who is worried about their tax not being up to date please refer them to us and we will make sure they get the best tax deal possible.

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