DOG BREEDERS – The HMRC Enquiries continue!

Despite hoping that HMRC had got through all of their lists of known dog breeders (largely gathered from insurers like Petplan and Agria, who gave details to HMRC of breeders insuring puppies), we continue to be called by many dog breeders, clearly showing that the campaign to bring dog breeders into the Tax regime continues.

Or perhaps you have already submitted your own voluntary disclosure following receipt of a letter from HMRC.

If you have done it yourself, we are aware that HMRC are rejecting a huge percentage of these voluntary disclosures. 

It is unlikely that an inexperienced person, not knowing the full extent of the tax laws will have made a full and accurate disclosure. For example, do you know that if you have never declared your income from dog or cat breeding you must consider any income generated therefrom going back up to 20 years. That means going back to the very first puppy you sold in the last 20 year period. 

If you have never declared your income or your profits you are what they call a ‘failure to notify liability case’. You can read on the HMRC website about failure to notify and what this means in terms of the number of years, the Tax and class 4 national insurance you owe and the penalty charges.

Or perhaps you have declared your dog breeding but HMRC believe you may not have declared it in full. If you have submitted tax returns in the past but HMRC have written to you, you will be called an ‘inaccurate return case’ and deadlines and penalties can vary for these — the rules and regulations are very complicated

So what is the benefit in using us rather than doing the disclosure yourself. 

By engaging Lindsay Henson Ltd you’ve got someone on your side. Someone who you can call now and ask those questions that have been keeping you awake at night.

So aside from getting rid of the stress and anxiety of an investigation and placing it in our hands, we also know the law and know HMRC ‘s tactics inside out. 

We know the maximum you can claim against your income and how gathering the necessary evidence to substantiate those claims greatly helps HMRC understand your business and allow those claims in full.

WE QUOTE FIXED FEES FOR PUPPY BREEDERS – CALL US FIRST WITHOUT OBLIGATION, THERE’S NOTHING TO LOSE. 

Call Andy on 07879 464577  or Lindsay on 07584706664