Doctors & Dentists Encouraged To Take A Tax Health Check

Doctors and dentists are being targeted by HM Revenue & Customs (HMRC) under a new initiative designed to tackle perceived tax avoidance in the medical profession. HMRC have declared an amnesty to encourage medical professionals with undeclared income to make a full disclosure of that income and bring their tax affairs up to date. Those who take advantage of this opportunity will avoid investigation into their tax affairs and benefit from a reduced penalty of 10% of the tax due on any...