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Watling and Hirst Limited, Chartered Certified Accountants and Registered Auditors - Chichester, West Sussex > Business Services > Audit > Doctors and dentists targeted by HMRC in “professionals campaign”

Doctors and dentists targeted by HMRC in “professionals campaign”

Posted on Tuesday, 12 January 2010 10:45AM by TR
HMRC Inspectors are launching an investigation into white collar workers in an attempt to reduce tax evasion, reports the Daily Telegraph.

The campaign will target professionals earning over £100,000 and includes solicitors, barristers, accountants as well as doctors and dentists.

It is reports that according to the revenue, a significant minority of medical professionals were engaged in tax evasion including failing to declare private medical income.

There is a three month amnesty expiring on 31st March during which anyone can make a voluntary disclosure and will only face a 10% fine on top of any outstanding tax. After this date the usual statutory penalties apply.

If the above scenario applies to you then please contact us for further assistance.
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