Eight days left for tax dodgers to declare!

24 September 2012

tax calcHave you failed to submit your tax return and pay tax at 40% or above? If so, you probably don't care because you're dodging tax. Even so, HMRC would like you to know that you've got eight days to settle at a discounted rate.

Don't take our word for it. HMRC should've written to you informing you of the October 2nd deadline.

If you square your finances before the deadline, that means you're get "better terms" and a lower potential penalty than if HMRC catches you after the deadline. After that time, HMRC will be using their legal powers to pursue outstanding money with 100% penalties and, if they see fit, criminal investigations.

"If HMRC has sent you a Self Assessment tax return or notice to complete a tax return for 2009/10 or earlier and you have not yet taken any action, this campaign offers you a quick and straightforward way to bring your tax affairs up-to-date", says Marian Wilson, head of HMRC Campaigns.

"If you cannot afford to pay what you owe all at once, don’t worry. If your circumstances warrant it, you will be able to spread the payments."

TOPICS:   Tax

2 comments

  • Nikey H.
    What if I owe the taxman bucketloads, and I now decide to emigrate to Spain ? WTF can they do?
  • J
    lol taxman cant keep up with those who DO declare let alone those who dont. Only idiots would be willing to do the work for them.

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