Electricians around the country will start receiving letters this month from HM Revenue & Customs (HMRC) warning them to pay any undisclosed taxes.
Under a special, time-limited tax opportunity, electricians can pay the tax they owe, with lower penalties. Normally, up to 100 per cent of the tax owed can be charged to those who fall outside of such opportunities.
The Electricians Tax Safe Plan is aimed at anyone who installs, maintains and tests electrical systems, equipment and appliances – and covers any tax owed, for whatever reason.
This includes people who make mistakes in the amount of tax they pay – even though they have taken reasonable care; those who are careless; or those who deliberately don’t tell HMRC about something they should have paid tax on.
Read more here: News : NDS.