Returns amnesty for higher-rate taxpayers
Posted by mostafa on 5 July, 2012
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This item was filled under Tax
Higher-rate taxpayers who have been remiss in filing their returns are the main targets of an amnesty by HMRC, to encourage them to catch up on their submissions.
The time-limited initiative is mainly aimed at people who are liable to pay tax at rates of 40% and above, and who have not completed self assessment returns for 2009/10 or earlier despite having been told to do so.