March 3rd, 2012

Clocking ticking for Coaches

The Tax Catch Up Plan for tutors and coaches is a unique time-limited opportunity for you to tell HM Revenue & Customs (HMRC) about any unreported income you have received and also pay what you owe.

Anyone wanting to benefit from the scheme can still inform HMRC by 31 March 2012 – provided they supply all the information by then.

If you are paid for providing coaching, instruction or tuition and tax is not deducted and you don’t include that income on a Self Assessment tax return, or have an adjustment already in your tax code, then you need to use this plan to tell HMRC about that income now.

And if you owe tax in respect of anything else such as capital gains or rental income you can use the Tax Catch Up Plan to tell HMRC about that too.

Under the plan the penalties are greatly reduced than if they find you and the chance of a criminal conviction is also substantially lower.

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Managing Director

Jonathan trained as a chartered accountant with Price Waterhouse (now PWC) in Liverpool before becoming a small business services manager for Grant Thornton in Warrington. He also spent three years as the financial controller for Brookside and Hollyoaks (not that he ever mentions it!).

Jonathan is recognised as a specialist in the entertainment industry and is often called upon to provide training courses and seminars for media professionals. He's also a bit of a technology geek and has been recognised with the accountancy industry as one of the most progressive accountants in the UK.
Outside of work Jonathan is very proud to be the Treasurer of the Tim Parry Johnathan Ball Foundation for Peace and to be on the Council of the Liverpool Institute of Performing Arts (LIPA)

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