HMRC are now targeting electricians as part of their crackdown on unpaid tax by announcing the Electricians Tax Safe Plan (ETSP) set to begin in February 2012.
The Electricians Tax Safe Plan follows a similar scheme which targeted plumbers, and is designed to give electricians the opportunity to declare any unpaid tax. Other tax safe plans aimed at tradespeople have generated £2 million for the HMRC so far, so it is little surprise that they are spreading this scheme further.
The scheme marks a major clampdown by the HMRC regarding tax evasion across a range of freelance businesses; also on the agenda for HMRC are tutors and eBay traders.
If you would like advice on how to avoid any tax penalties, tax planning or how to declare any unpaid tax please get in touch with us by calling: 0151 708 8565 or email: info@ercacc.co.uk for more information.
