Own up and pay less in penalties
THOUSANDS of higher rate taxpayers who have failed to submit tax returns will receive letters from HM Revenue and Customs (HMRC) this month.
The Tax Return Initiative is aimed at people liable to pay tax at rates of 40 per cent and above and who have been told to submit a Self Assessment tax return for 2009/10 or earlier, but have not done so.
The initiative is available to anyone who has tax returns to submit for these years. People have until October 2 to tell HMRC they want to take part, submit completed returns, and pay the tax and National Insurance Contributions (NICs) that they owe.
By coming forward voluntarily through the campaign, launched on July 3, people will receive better terms, and any penalty they pay will be lower than if HMRC comes to them first. After October 2, if they have not submitted their tax returns and paid what they owe, HMRC will use its legal powers to pursue outstanding returns and any unpaid tax and NICs. Penalties of up to 100 per cent of the tax due, or even criminal investigation, could follow.
Get four carpets in your home deep cleaned with this money saving deal. carpets up to a maximum of 15ft squared.
Freshen your home up ready for them Christmas parties.....
Maximum size of room in deal 15ft Squared.
Stairs = 1 room
Hallway & Landing = 1 room
Deal only redeemable with printed voucher!
Contact: 0800 73 13 633
Valid until: Wednesday, January 01 2014
People can take part in the campaign by logging on to www.hmrc.gov.uk/campaigns/ tri.htm