Dentists included in doctors’ amnesty plan

Dentists included in doctors' amnesty plan

HMRC extends Tax Health Plan to dentists after consultation with the the General Dental Council and the British Dental Association

The taxman has now included dentists in the tax amnesty for medical
professionals, which kicked off last week.

Medical professionals were given the olive branch to notify the taxman of
undeclared income generated from consultancy work, but dentists were not
initially included, because they were not regulated by the medical profession’s
governing body.

“It has been decided to include dentists in the Tax Health Plan, which
started on the 11 January 2010,” HMRevenue & Customs announced today.

“Dentists were always one of the professional groups we planned to include
early in the campaign and we have already done much background work and this
will mean that, as with GMC-regulated professionals, we will be able to provide
the necessary support as well as being able to pursue any follow-up activity
needed.”

The THP provides a simple, straightforward opportunity for medical
professionals, including dentists, to get their tax affairs in order, HMRC
added.”

Further reading:

Medical
tax amnesty toothless for dentists

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article