Are you a health professional who has not disclosed some or all of your consultancy income? Not very professional of you, but HMRC have issued notice of a new disclosure opportunity, limiting the penalty to 10%.

HMRC have apparently identified a gap between the consultancy payments made by health institutions and the income declared by consultants. If you miss the opportunity to ‘own up’ within the disclosure time limit the penalty will be, by implication, more than 10%. The clock is ticking!

This entry was posted on Monday, January 11th, 2010 at 10:16 am and is filed under DPM. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.