Voluntary Disclosures

The penalties for getting it wrong can be severe, but coming forward unprompted can significantly reduce the level of penalty that HMRC seek to charge. However, it’s essential to carefully consider the available options before making a disclosure.

HMRC views voluntary disclosures favourably, particularly where they are made unprompted (where there is not an existing tax enquiry, or the taxpayer does not have reason to believe that an enquiry is likely). In serious cases, making a disclosure can mean the difference between only being charged a financial penalty (in addition to the unpaid tax, and interest) or  a criminal prosecution. In other cases, it can lead to a reduction in the financial penalties imposed as part of the final settlement.

Specialist advice should always be sought before contacting HMRC, as approaching them incorrectly could have serious consequences, including the risk of a criminal investigation.

We can assist you throughout the process, and liaise directly with HMRC on your behalf.

Berwick Tax has extensive experience of handling voluntary disclosures. We can review your circumstances, advise you on your options, and liaise directly with HMRC on your behalf. Our goal is to ensure the best possible outcome while minimising any potential risks.

You can trust us to handle your disclosure discreetly and professionally, supporting you every step of the way. If necessary, we can put you in touch with specialist lawyers where there is a risk of a criminal investigation.