
If for whatever reason you have not paid the right amount of tax to HMRC with regards to income tax, capital gains tax, national insurance contributions, or corporation tax, then a disclosure will need to be made. At Taxfile we can help you calculate the amount of the disclosure and make the formal offer to them and liaise with them on your behalf about the previous inaccuracies.
HMRC is targeting tax evasion and are currently integrating IT systems and offices to help them identify customers who have not declared all their income. If you owe any additional taxes they can charge higher penalties than when an individual comes forward by their own admission. If Taxfile are your agents, HMRC will liaise through us about your disclosure and you can leave it in our capable hands to ensure everything is done correctly.