Uk tax

kdowling

I worked in the uk in 2005 and 2006 as a self employed locum and didn't pay
any tax. I didn't intend not to pay any but never got around to
do the self assessment.

Anyways I stayed over there and stopped working after 2006 until 2008
where I got a National Insurance number and worked legitimately for a year and then came home in 2010.

I am looking to go back to work in the UK again now.
Does anyone know what my chances of getting caught for 2005 and 2006
and do the records get wiped after a certain length of time?

Any help would be appreciated.

nompere

Under self-assessment you have an obligation to file a return.

If you do nothing they might forget about you.

They won't be wiping any records in the foreseeable future.

How important is it for you to be able to sleep at night? (That's a question I ask any client who has issues relating to unpaid tax - I'm not being smart.)

kdowling

how does it work in the uk? if i am working self employed and they do an audit on me will they definately discover the tax liability for 2005 and 2006 even though i will be in a different area with a different bank account.

also what are the penalties?

beeftotheheels

kdowling wrote: »

how does it work in the uk? if i am working self employed and they do an audit on me will they definately discover the tax liability for 2005 and 2006 even though i will be in a different area with a different bank account.

also what are the penalties?

Lets be clear here, you are concentrating on the likelihood of being caught potentially committing a crime rather than the fact that by not declaring income which you believe that you should have declared you may in fact be committing a crime.

This is tax evasion not tax avoidance. In the UK, unlike Ireland, HMRC will prosecute the crime and not simply settle for the tax, penalties and interest.

Get a UK tax advisor, the sooner the better.

kdowling

My friend works in tax affairs in england abd tells me that unless they suspect fraud that the inland revenue don't go back more than 6 years with a tax audit. Anyone know if this is the case?

beeftotheheels

kdowling wrote: »

My friend works in tax affairs in england abd tells me that unless they suspect fraud that the inland revenue don't go back more than 6 years with a tax audit. Anyone know if this is the case?

Fraud or neglect - and you sound as though you may fall into one of those camps!

Get UK tax advice.

The Taxes Management Act 1970 provides that

36 Fraudulent or negligent conduct
36(1) An assessment on any person (in this section referred to as “the person in default”) for the purpose of making good to the Crown a loss of income tax or capital gains tax attributable to his fraudulent or negligent conduct or the fraudulent or negligent conduct of a person acting on his behalf may be made at any time not later than 20 years after the 31st January next following the year of assessment to which it relate

Saint Sonner

Hi, Quick question - I can't get anyone who can answer me from HMRC.
I work for a company who have several forecourt and shop sites. I was wondering what level of records do we need to keep. Do we have to keep 6 years of till receipts and z readings, shift reconciliations, visa receipts, end of day reconciliations etc or would it be okay to just keep the one page summary and reconciliation of these. It would save us alot on storage space and expenses etc.

Any guidance?

nompere

Saint Sonner wrote: »

Hi, Quick question - I can't get anyone who can answer me from HMRC.
I work for a company who have several forecourt and shop sites. I was wondering what level of records do we need to keep. Do we have to keep 6 years of till receipts and z readings, shift reconciliations, visa receipts, end of day reconciliations etc or would it be okay to just keep the one page summary and reconciliation of these. It would save us alot on storage space and expenses etc.

Any guidance?

Step 1 - open www.hmrc.gov.co.uk

Step 2- type "records" into the search box

Step3 - http://www.hmrc.gov.uk/sa/rec-keep-self-emp.htm

Takes less time than asking here.