Personally, I am very interested to see how the tax health develops.

There have been several recent Revenue compliance drives along these lines – in particular with regard to offshore bank accounts. Those previous campaigns have not been greatly successful, but I expect that this one will produce a better result. It is hugely easier for HMRC to get their hands on info from a PCT about the doctors within their trust, for example, than to get a Swiss bank with a UK branch to hand over info about their account holders. Also, doctors may feel extra pressure, as a result of their community standing, to avoid adverse publicity. As you say, having the additional benefit of a reduced penalty won’t hurt.

I wonder if this is a sign of things to come. Should we be looking forward to the Disclosure Opportunities for Accountants and Lawyers….I think this comment should be removed