Postby LozaACCS » Thu Nov 05, 2015 9:21 pm
The OP asks about making a voluntary disclosure, whether by himself or someone else.
The penalty regime differs between different taxes, what can be said with certainty is;
1. HMRC will always charge interest on underpaid tax.
2. Early disclosure is always beneficial because penalties (other than fixed penalties) will be mitigated by voluntary disclosure or if not cooperation with a prompted enquiry, most under statements of tax will be dealt with under Sch 24 FA 2007, which is heavily geared towards the promptness and quality of disclosure.
I have two issues with the post by DCF
1 In this scenario there does not appear to be a tax investigation, why should the OP seek or appoint a tax investigation specialist, (whatever such a person that might be), the "error" may be straight forward and capable of being resolved either by the tax payer or a general practitioner on his behalf, if it is not then he has the opportunity to seek further advice as the need arises.
2 The ethos of this site is to offer free impartial advice upon which the OP can seek further paid for advice, this seems very much like fishing for business to me.