From: "rob" 
Newsgroups: uk.finance
Subject: Re: tax question
Date: Mon, 17 Oct 2005 18:11:43 +0100

Peter Saxton wrote:
> On Sun, 16 Oct 2005 23:02:53 +0100, <127.0.0.1@127.0.0.1> wrote:
>
>> I have earnt  quite a lot of cash on the web designing on the side
>> and owe a couple years of tax.
>>
>> What would happen if I declared it to the tax office / got an
>> accountant ?
>>
>> I didnt do my taxes do to illness and other factors.
>>
> If you tell the HMRC they would want you to pay what you owed plus
> penalties and interest. I don't suppose it is anything you can't
> handle unless you are in financial difficulties already.

Also I should have thought that this would be cheaper if you wait for them
to catch you up!