Newsletter Spring 2015

Solicitors' tax disclosure

HMRC are now targeting solicitors to disclose any tax omissions or mistakes by 9 June 2015.

A solicitor can make a disclosure about their own tax affairs, or disclose about someone else’s tax affairs where he or she has been appointed to a position such as director, company secretary, or executor.

HMRC will not publish the personal details of the solicitors who use this disclosure campaign, which could destroy a solicitor’s reputation and livelihood. However, to secure this confidentiality guarantee the solicitor must make an accurate disclosure, and co-operate fully with HMRC if asked for any further information following the disclosure.