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Health pros’ disclosure deadline approaches

31 March 2014
Issue: 4446 / Categories: News , Admin , Compliance

Physiotherapists, chiropodists and other health professionals have only a few days left to tell HMRC about income they have kept secret.

They must reveal details of unpaid tax by 6 April and settle their debts with the taxman, or face the possibility of criminal investigation.

Physiotherapists, chiropodists and other health professionals have only a few days left to tell HMRC about income they have kept secret.

They must reveal details of unpaid tax by 6 April and settle their debts with the taxman, or face the possibility of criminal investigation.

The Revenue launched its health and wellbeing tax plan last October to provide a disclosure opportunity to workers including physiotherapists, chiropractors, osteopaths, chiropodists, homeopaths, dieticians, psychologists and art therapists.

Those who come forward will face a penalty of no more than 20% of the tax owed.

HMRC voluntary disclosure campaigns have collected more than £552m in tax since 2007, with an additional £224m raised through follow-up activities by the department. A number of criminal investigations are underway. Seven people have been convicted so far, with custodial sentences of up to two years.

Issue: 4446 / Categories: News , Admin , Compliance
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