HMRC launches 'Tax Health Plan'

Medical professionals have until 31 March 2010 to register their intention to disclose, with completion and payment to HMRC made by 30 June 2010. Today's launch is the first stage of a campaign to encourage professionals to address their unpaid tax liabilities quickly. The TCP offers those eligible a reduced penalty of 10% on unpaid tax, and also removes the prospect of prosecution or public 'naming and shaming'. HMRC data suggests some medical professionals may be understating the amount of earnings upon which UK tax and duties is due. Stephen Camm, tax partner, Pricewaterhouse...