The ‘ Tax Amnesty’ – the Revenue know who you are

Posted on

There's a new twist in the UK's so-called 'tax amnesty'. Those who have had their details disclosed to the Revenue should all have had a letter from their banks. That's 400,000 or so letters.

At present just 6,600 have told the Revenue they have something to confess as a result. Of course, some won't need to do so, but to jog the rest along the Revenue are now writing this letter to all those who got letters from their banks - telling them they have until next Friday to own up. It could be a sweaty weekend for some as they decide what to do.

I have some simple advice. Confess. The Revenue know who you are. They're not going to let you go.