HMRC’s crackdown on tax dodgers starts in earnest tomorrow as people are
given the chance to make online notifications.
The clampdown offically kicked off a month ago on 1 September as the New
Disclosure Opportunity went live, but this was only open to those wanting to
notify the taxman by post.
Advisers have now renewed calls for people not to hang back from making
“The September start date is a bit of a red-herring,” said John Cassidy, tax
investigations partner at PKF.This refers to paper disclosures. The revenue
expects most people to apply online for which the start date is 1 October,”
Those with undeclared offshore income must notify HMRC by 30 November 2009 of
their intention to make a disclosure.
Taxpayers can then disclose and pay by post until 31 January 2010
and online until 12 March 2010.
Advisers say individuals have been slow in coming forward and urged people to
clarify their positions to avoid getting caught out.
Report argues that the government must change the way it makes tax and budget decisions
Committee expresses concern about costs to businesses and April 2018 implementation date
Drastically fewer offices for HMRC in the hope to reduce their running costs
An 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance