It’s not just the tax! Penalties greatly enhance the tax take!
The start of any enquiry our investigation penalties will be considered for basically any error or omission in the Persons tax return or failure to declare taxable income. These penalties are based entirely on your behaviour from the start and how quickly and fully you tell them the situation, help them get to the bottom of it I’ll give them the records and information they need.
Disclosing matters quickly is the best way to go if you want to save a lot of money on penalties because denying problems can increase your penalties by massive margin.
Call Lindsey if you want her to explain how your penalties are calculated and to help them BS there is possible because it is not only monetary penalty but can result in your name appearing en HMR sees quarterly naming and shaming list of tax cheats I’m putting this in the public domain is usually what most people want to avoid.Share