Trustees and tax advisers can use HMRC’s calculators to help work out the HMRC undeclared tax, interest and penalties owed on straightforward tax affairs.

The disclosure service is for those who have not declared all income or gains, either personally or through a company.

Individuals will need to:

• be eligible for an HMRC Campaign.
• want to disclose income or gains that wholly or partly relate to an offshore issue as part of the Worldwide Disclosure Facility.

Individuals can also use the online form service if they do not qualify for a current HMRC undeclared tax campaign, but have not declared the right amount of income or undeclared tax for one or more of the following:

• Income tax
• Capital gains tax
• National Insurance contributions
• Corporation tax

For more go to https://www.gov.uk/government/publications/hm-revenue-and-customs-disclosure-service?utm_source=d9cebf2b-cb03-4247-b4c4-6521634a9c0f&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate.

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