Voluntary Disclosure & Reducing Penalties
Resolve Tax Issues with Confidence
Mistakes happen, but dealing with them early can save you time, stress, and money. At Strix Accountancy, we guide you through voluntary disclosure to HMRC, helping you minimise penalties and move forward with peace of mind.
Specialist Knowledge
Our team combines technical expertise with practical experience to provide clear, effective solutions tailored to your situation.
Mitigated Risk
Tax Efficiency
Time Savings
We handle the disclosure process efficiently, saving you valuable time and allowing you to focus on running your business tax filings so you focus on patients, not paperwork.
What is Voluntary Disclosure?
A voluntary disclosure is when you come forward to HMRC to correct errors or omissions in your tax affairs before they contact you. This could include:
- Undeclared income from self-employment, property, or investments
- Inaccurate expense claims
- Overlooked overseas income or assets
- Errors in VAT or corporation tax filings
By taking the initiative, you’re far more likely to receive reduced penalties — and in some cases, avoid them altogether.
How We Support You
Our team at Strix Accountancy will guide you through every step of the disclosure process:
- Assess your situation and identify areas of concern
- Prepare a disclosure report that’s accurate, complete, and clear
- Communicate with HMRC on your behalf to reduce stress
- Negotiate penalties to secure the best possible outcome
- Implement safeguards to prevent future issues
We take a proactive, professional approach — ensuring your disclosure is handled correctly and efficiently.
Why Act Now?
Failing to disclose can lead to larger fines, interest charges, and even legal consequences if HMRC discovers the issue first. Acting voluntarily shows good faith and allows you to:
- Reduce penalties significantly
- Avoid potential criminal investigation
- Settle tax affairs quickly and cleanly
- Protect your reputation
