electricians given last chance to declare full income

Over the past few years we have seen a number of industries targeted by HM Revenue & Customs offering individuals the opportunities to declare their full income.  It is now the turn of electricians and HMRC have announced that they have issued letters to some 50,000 electricians warning of potential criminal charges as a result of not having disclosed their full earnings.  Electricians who make full disclosure now have the advantage of paying a reduced penalty on any undisclosed income.  Any individual who think this is relevant to them would therefore be advised to make early disclosure to avoid the adverse penalties and possible criminal action.

 Jo White
Tax Consultant
Tel: 01403 253 282
Email: jowhite@spofforths.co.uk