Are you a plumber, heating engineer or work in a similar trade?  If so then you should be aware that the taxman is targeting your profession for evidence of underpaid taxes.

But under the Plumber’s Tax Safe Plan (PTSF) then if you declare any unpaid taxes from the past five years before 31 May 2011, then additional penalties are likely to be limited to just 10% of the unpaid tax.   If you don’t take advantage of the PTSF and HMRC later investigates your accounts and finds evidence of unpaid taxes then the penalties could be up to 100% of the unpaid tax.

If you are unsure of how best to deal with your accounts and taxes then why not speak to Pemberley Accounting?  With extensive experience of dealing with small businesses and the self-employed, they could help you minimise your tax liabilities while ensuring you comply with all the relevant rules.

Call Katy today on 07810 518812 today for your free initial consultation.