HMRC launched a tax disclosure opportunity for Health and wellbeing professionals, which closed on 31 December 2013.
Taxpayers can report undeclared income if they work in a health and wellbeing profession such as:
- physical therapy; e.g. physiotherapist, chiropractor, chiropodist, osteopath, occupational therapist
- alternative medicine or therapy; e.g. homeopathy, acupuncture, nutritional therapy, reflexology, nutrition
- other therapy; e.g. psychology, speech therapy, arts therapy
How to declare income
You must:
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Fill in a notification form by 31 December 2013.
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Fill in a disclosure form to disclose and pay what you owe by 6 April 2014.
You can use a calculator (PDF, 64KB) to help you make your disclosure. There is a different calculator if you need to tell HMRC about more than 5 years (PDF, 153KB).
Our Top tips
Take professional advice before making a disclosure:
- you may well not have to disclose 5 years of figures.
- you may have a large range of tax deductible expenses and you will need to know what to claim, and whether in some situations you may claim a proportion of certain expenses.
- you will also need to consider what basis of accounting to use from 6 April 2013.
- you will need to consider the rules on penalties and how they affect you.
HMRC says that you can talk to its helpline before 6 April 2014 if you need to make a time to pay agreement.
Any taxpayer can make a disclosure to HMRC, if you are not in Health & Wellbeing, or are in Health & Wellbeing and need assistance contact us.