HMRC targets Solicitors

Posted By: James

Tuesday 9th December 2014

HMRC has launched a new campaign urging solicitors to come forward and bring their tax affairs up to date. The Revenue claims tax crackdowns focused on the likes of doctors, dentists and lawyers among others have raised almost £1bn so far since being initiated in 2011. Solicitors who are self-employed or work within a partnership are being targeted, as well as those who work within a law firm. They have until June next year to disclose the tax they owe and pay it. Caroline Addison, head of campaigns for HMRC, stated: “Information gathered by HMRC has allowed us to identify solicitors who thought they could operate without declaring income and paying the taxes that others have to pay.”

 

http://www.telegraph.co.uk/finance/personalfinance/tax/11279353/HMRC-targets-solicitors-in-latest-tax-crackdown.html

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