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2nd December 2013

HMRC to target Sussex

Filed Under: Tax


HMRC have announced they have formed a taskforce to target the ‘hidden wealth’ of individuals and businesses within the south of the country, including Sussex.  The taskforce’s attention will be focused on both individuals and businesses with offshore bank accounts, and those who may be living beyond their obvious means through undeclared income.

Anyone that feels they may have undeclared income should take steps to rectify the position as soon as possible.  Anyone who voluntarily declares past tax errors may receive a lower penalty than those that might otherwise be imposed if discovered by HMRC.

Dan Hobbs
danhobbs@thlaccountancy.co.uk
01903 300230

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