Doctors told to declare all income or risk investigation and high penaltiesBMJ 2010; 340 doi: https://doi.org/10.1136/bmj.c193 (Published 12 January 2010) Cite this as: BMJ 2010;340:c193
- Zosia Kmietowicz
Doctors in the United Kingdom who have not declared some of their earnings have until the end of March to register with the tax office or risk investigation, public shaming, high penalties, and public prosecution.
HM Revenue and Customs is offering doctors a tax amnesty called the “tax health plan” in which they have until 31 March to make disclosures of money earnt outside their main employment. They then have until 30 June to make arrangements to pay the tax due plus gains on the unpaid tax along with interest on the tax and a penalty of 10%.
Those who fail to come forward by the end of March face the threat of investigation and a penalty of 100% of the tax due.
Mike Wells, director of risk and …
Log in using your username and password
Log in through your institution
Register for a free trial to thebmj.com to receive unlimited access to all content on thebmj.com for 14 days.
Sign up for a free trial