Accounting

Earning a second income?

cash

The HM Revenue and Customs Second Incomes Campaign is still running to give employees who do bits on the side a chance to come clean.

If you are employed and have untaxed income from sources such as consultancy, buying and selling goods (Ebay, car boot sales), organising parties, taxi driving, hairdressing, childminding, etc, you might want to take this opportunity to make what is known as a ‘voluntary disclosure’.

If you don’t make a voluntary disclosure and the HMRC finds out later that you owe tax, you could face criminal prosecution and/or get higher penalties.

If the above affects you, do get in touch. We can liaise with the the HMRC on your behalf for the best terms. Better still, we will help get your tax affairs in order so you can sleep easier at night.

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About Phoenix

Accountant and Home Educator

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