Tax dodgers warned 'time is running out'

Thu, 30 Jun 2016

Taxpayers who are failing to declare their income are being warned "time is running out".

Treasury says in total there's over £4 million of undeclared income outstanding saying it's wrong that these people aren't paying a 'fair share' towards public services and infrastructure.

Due to the growing network of automatic tax information exchange agreements money is now being identified in other jurisdictions.

Taxpayers have just over three months left to voluntarily disclose irregularities without incurring a penalty - Minister Eddie Teare says sometimes people do make mistakes: