New Tax Campaign Launched Targeting Health Professionals

51 people online!
July 10th 2020
Tax Week 14
try our free mobile apps!

New Tax Campaign Launched Targeting Health Professionals

Undeclared income within the health professions a new target by HMRC.

Unlike the 'Tax Healthplan' campaign HMRC ran a few years ago, which targeted Doctors and Dentists, this new campaign targets other professions within the health sector.

The Health and Wellbeing Tax Plan is designed to offer an opportunity for those in the sector who have not declared taxable income in the past, to bring their tax affairs up to date and settle any outstanding payments.

Professions within the plan include:

  • Physiotherapists
  • Occupational Therapists
  • Osteopaths
  • Homeopaths
  • Chiropractors
  • Podiatrists and Chiropodists
  • Nutritional Therapists
  • Dieticians
  • Reflexologists
  • Psychologists
  • Acupuncturists
  • Speech, language and art therapists

Those covered have until the end of the year (31 December 2013) to contact HMRC (0845 601 5041) with their intention to declare and then have until the end of this tax year (6 April 2014) to make any payment to settle unpaid taxes.

The advantage of coming forward voluntarily, as in other tax campaigns by HMRC, are the more favourable terms under which penalties are administered. If HMRC contacts people it feels has undeclared income - a process they will conduct using information from regulatory bodies and other third parties - penalties would be more severe and prosecution an option.

Jump to topic:
Browse Archives:

Help - find relevant tax tools and calculators - go back to top

Answer a few questions below and we will list relevant tax calculators and tools that can help you organise, budget and ultimately save you money!
are you an employee?