Amnesty for plumbers

May 5th, 2011  |  Published in Uncategorized

Introduction to the Plumbers Tax Safe Plan (PTSP)

The Plumbers Tax Safe Plan (PTSP) is designed for people working within the plumbing industry who have not told HM Revenue & Customs (HMRC) about all their income in the past and who now want to get back on track. It is intended to cover people who work (or worked) in the plumbing, heating or gas installation trades and this includes anyone who installs and repairs pipes and fixtures for water, drainage or gas systems in a building.

Carrot:

If you take advantage of the PTSP you can tell HMRC about any income that you haven’t previously told them about and you will pay a lower penalty.

Also if you find that you can’t afford to pay what you owe you may be able to spread your payments depending on your circumstances.

Stick:

HMRC want to make it easy for those not paying the correct amount to put that right and seriously follow up those who choose not to.

If you want to make a clean breast of it and make a fresh start. you have until 31 May to register with HMRC under this amnesty. Ring or email me straight away if you want to take advantage, or if you are in any other occupation, have let things slide and want to put things right.

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