HMRC is sending letters with the intention of giving businesses using electronic sales suppression (ESS) an opportunity to get their tax affairs in order by coming forward voluntarily and disclosing undeclared sales to HMRC.
HMRC began issuing the letters earlier this month. The campaign is likely to continue for at least the coming year. Two different versions of the letter will be used to determine the best approach going forward.
This follows on from a voluntary disclosure service that was open until 9 April for businesses to voluntarily disclose use of ESS to evade paying taxes.
View the letters:
The Tax Faculty
ICAEW's Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
More support on tax
ICAEW's Tax Faculty provides technical guidance and practical support on tax practice and policy. You can sign up to the Tax Faculty's free enewsletter (TAXwire) which provides weekly updates on developments in tax.
Sign up for TAXwireJoin the Tax FacultyMore from the Tax Faculty
Latest news
TAXwire
Stay up to date with the latest developments in tax by signing up to the Tax Faculty's weekly e-newsletter
Practical guidance
TAXline
Comprehensive support for Tax practitioners each month from the Tax Faculty and expert contributors.
Technical support
Webinars
Expert advice from the Tax Faculty's technical managers on all the developments in tax policy and practice.
