Doctors and Dentists targeted first in Tax Health Plan
29th March 2010
Under the new Tax Health Plan (THP) doctors and dentists who have failed to disclose details of earnings have until the 31st March 2010 to advise HMRC that they would like to make a disclosure, they must then submit details of the disclosure and make payment in full by 30th June 2010.
At a recent roundtable event held in London about the THP Dave Harnet, Permanent secretary for Tax Council commented: “A common feature of all our campaigns is that they address a sector or group where there is a serious tax risk.”
“Our campaigns are an opportunity for people to get their tax affairs right” said Mr Harnet.
It is understood that all professions will be targeted, not just the medical and dental sectors but that HMRC had to start somewhere and expects to look at a variety of groups within the trade sector as well as at the professions. There was no particular reason why doctors and dentists were targeted first other than data obtained by HMRC suggesting that the problem for this group was bigger than first thought.
If you would like to discuss the Tax Health Plan please contact our sister company Tax Essentials 0870 766 9249 alternatively email tax@smoothmigration.com
