An amnesty for higher-rate taxpayers who haven’t submitted tax returns is unfair on other taxpayers and shows that HMRC doesn’t have enough staff to collect tax, accountants have said.
Higher-rate taxpayers who haven’t submitted tax returns are being offered the opportunity to come clean and pay tax owed in return for lenient treatment.
The amnesty, announced by HMRC as part of a clampdown on tax evasion, is aimed at “people liable to pay tax at rates of 40% and who have been told to submit a self-assessment tax return for 2009/10 or earlier, but have not done so.
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.