A voluntary disclosure may be necessary for a number of reasons – these could range from an unintentional omission on a tax return to the most serious deliberate non-disclosure of a taxable event.
If you would like to explore your options for making a voluntary disclosure to HMRC but not get into any trouble, call one of our disclosure specialists for a no obligation consultation.
A voluntary disclosure may be necessary for a number of reasons – these could range from an unintentional omission on a tax return to the most serious deliberate non-disclosure of a taxable event. Whatever the reason, we are here to assess your circumstances and help.
One of the main benefits of a voluntary disclosure is the fact that HMRC will look more favourably on taxpayers who make a voluntary disclosure than those who are prompted to disclose during an investigation or, in the worst cases, are reluctant to disclose despite the fact that HMRC hold evidence of underassessment.
Is voluntary disclosure really necessary?
Before we agree that voluntary disclosure is the best course of action, we would require a confidential and transparent discussion with you about your specific circumstances so that we can develop the most viable strategy. We will then take care of all communication with HMRC and keep you fully informed at each stage of the process guiding you all the way to the closure of your case.
You can rest assured that we will try and negotiate with HMRC the best outcome for you and resolve your tax situation as promptly and effectively as possible. Where necessary, we can negotiate a payment plan for you.
If you have underdeclared income and you worry that you may get caught, contact us today for a no obligation consultation.
Your Trusted Advisors
Based in the landmark St. Mary Axe, Templeton Brook Witt provide specialist tax investigations, compliance advisory and employment dispute advice to private clients and corporates.
0207 889 1000
info@templetonbrookwitt.com
30 St. Mary Axe, The Gherkin
Level 28
London
EC3A 8BF
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