Tax Amnesty (Plumbers)

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Disclosure

HMRC have recently issued another amnesty opportunity for UK tax payers. This time plumbers.
The main feature of the amnesty is the limitation of the rate of penalties to 20%.
What is interesting is that HMRC’s guidance has to some extent hinted that the terms of the amnesty might be available to all UK tax payers.
Acceptance of other taxpayers to the scheme might depend on how their misdeclarations have come about