HMRC has launched its latest voluntary disclosure opportunity, this time aimed at a solicitors. The latest campaign follows others involving medical professionals, plumbers, electricians, online traders and landlords.
Solicitors have until 9 March 2015 to notify HMRC that they wish to participate in the campaign and disclosures must be submitted by 9 June 2015. HMRC has also provided a dedicated helpline to assist taxpayers who are looking to make a disclosure under this facility. In addition, any penalties that might be due may be lower than those which could be applied by HMRC at a later date.
Requests to pay by instalments will be considered by HMRC on a case-by-case basis. If time to pay is required, taxpayers should make a request sooner rather than later.
If you require further information on this or any other HMRC campaign, please speak to a member of our Tax Investigations and Dispute Resolution team on the 24 hour hotline 0207 651 1400 or email firstname.lastname@example.org