HMRC is continuing its targeted campaigns into tradespeople with vigour with the announcement of the Electricians Tax Safe Plan (ETSP).

The ETSP will begin in February 2012 and builds on HMRC's plumbers' campaign and gives an opportunity for electricians to come forward and declare unpaid tax. Considering that the Tax Safe Plan has so far generated an additional £1.98million, with more expected once the final disclosures are made, it is no surprise that HMRC are utilising similar tactics for their latest campaigns. The HMRC website defines an electrician or electrical fitter quite widely as ‘anyone who installs, maintains and tests electrical systems, equipment and appliances under stringent safety regulations.’

It remains to be seen if the Revenue holds information relating to these trades people as they did in the case of the Plumbers Tax Safe Plan where HMRC acquired information from Corgi and Gas Safe in order to identify potential unpaid tax liability. In addition, no further details have yet been confirmed as to any reduced penalty opportunities available. However, if you fall into HMRC’s definition of an electrician or electrical fitter, then please be aware of this latest campaign.

If you need assistance with your tax affairs or would like further information, please contact us now.