Marcus Bishop Associates - Chartered Certified Accountants - The way forward for Businesses

HM Revenue & Customs launches three new target groups of trading activity where it perceives that tax is being underpaid. Private tutors and coaches including both academic and fitness instructors will now come under the taxman’s spotlight as well as e-marketplace traders who have not fully declared income, and any tradesmen who have not been covered by the recent opportunity extended to plumbers to regularise their tax affairs. Surprisingly HMRC did not offer  their customary amnesty for those who come forward to regularise their affairs.