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HMRC’s has launched its latest anti-evasion campaign, targeting workers with second incomes.
The department is offering a disclosure opportunity to employees who are resident in the UK and have additional income from self-employment, which the tax authority suggests could include:
HMRC’s has launched its latest anti-evasion campaign, targeting workers with second incomes.
The department is offering a disclosure opportunity to employees who are resident in the UK and have additional income from self-employment, which the tax authority suggests could include:
- consultancy;
- organising parties and events;
- providing services such as taxi driving, hairdressing or fitness training;
- making and selling craft items; and
- buying and selling goods (at market stalls or car boot sales, for instance).
No end date is set for the initiative, which offers the Revenue’s usual preferential terms to participants for bringing their tax affairs up to date.
Anyone wishing to commit to take part should complete the notification form, and then submit a disclosure form to reveal and pay the tax and National Insurance due within four months of receiving official acknowledgement of the initial notification.
