Solicitors encouraged to get their tax affairs in order

HM Revenue & Customs (HMRC) is now targeting solicitors in its newest clampdown, in a bid to ensure that their tax affairs are fully up to date. This is perhaps of little surprise given that HMRC in recent years has been focusing on a variety of professions including plumbers, electricians, online traders and landlords, to name but a few. Within these past campaigns, there has been £1 billion raised from those who have voluntarily disclosed information as well as HMRC follow-ups. Continue reading