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.

About Phoenix

Accountant | Tax Specialist | Quickbooks ProAdvisor Online

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Phoenix Debola is licensed and regulated by AAT to provide services in accordance with licence number 1000701 details of which are displayed at the address shown. AAT is recognised by HM Treasury to supervise compliance with the Money Laundering Regulations and Phoenix Debola Cloud Accountancy Practice is supervised by AAT in this respect.

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