This Content Was Last Updated on February 9, 2017 by Jessica Garbett
“Sparkies next for evasion investigation
“Electricians are to be the next group of tradespeople to be scrutinised by the Revenue as it continues to widen its gaze in the lookout for tax evaders.
“The electricians’ tax safe plan (ETSP) will be instigated on 12 January to allow sparkies to come forward with details of unpaid tax without fear of being hit by overwhelming penalties. Fines are likely to be no more than 10% of the amount owed in most cases, while individuals who do not declare their tax debts will risk criminal prosecution.”