There are probably three main reasons why you might be considering disclosing historic tax irregularities to HMRC.

The first is that you are contemplating sale of your business. It’s very likely that you will have to give the purchaser warranties and indemnities on the tax history of the business; better to clean up any past issues while you are still calling the shots rather than have the new management uncover them and claim from you.

Second, it’s sadly the case that inside knowledge of tax indiscretions is often weaponised on relationship breakdown and employment disputes.  You can neutralise the threat and take control by making the disclosure yourself.

Third, living with the knowledge that there is something out there that may come back to haunt you can be wearing.  You may want to disclose simply to be able to sleep at night.

Whatever the reason, I can advise on the best way to manage a disclosure and assist in minimising the financial and personal stress.