Self Assessment UK: Registration, Filing, Payments on Account and Penalties

HMRC Voluntary Disclosure — How to Come Forward and What Happens Next UK 2026/27

Voluntary disclosure to HMRC means coming forward to declare unpaid tax before HMRC contacts you. It typically reduces penalties significantly. Here is how the process works in 2026/27.

Tax information is based on HMRC rules for the 2026/27 tax year. Tax rules can change — always verify current rates at GOV.UK. This is not tax advice. Consider consulting a qualified tax adviser for your personal situation.

Making a voluntary disclosure to HMRC — telling them about unpaid tax before they find it themselves — can reduce penalties to as low as zero for innocent errors, and significantly reduces them even for deliberate ones. Here is how the process works, what HMRC expects, and what to do if you have undeclared income.

Why Voluntary Disclosure Matters

HMRC uses sophisticated data-matching to identify taxpayers with undeclared income. They receive data from banks, letting agents, PAYE employers, pension providers, overseas tax authorities, and Companies House. If HMRC contacts you about a discrepancy before you disclose, you lose the “unprompted” status — and your penalties increase substantially.

Penalty comparison: unprompted vs prompted disclosure

Error type Voluntary (unprompted) penalty HMRC-prompted penalty
Innocent error 0% 0–30%
Careless error 0–30% 15–30%
Deliberate error 30–100% 50–200%
Deliberate + concealment 30–100% 50–200%

Note: interest on unpaid tax accrues from the original due date regardless of whether disclosure is voluntary or prompted.

Common Reasons People Need to Make a Disclosure

Situation HMRC programme to use
Undeclared rental income Let Property Campaign
Offshore bank accounts or assets Worldwide Disclosure Facility
Undeclared self-employment/freelance income Digital Disclosure Service
Errors on past Self Assessment returns Digital Disclosure Service
VAT errors VAT Errors Correction (VAT652)
Undeclared employment income or benefits Digital Disclosure Service
PAYE employer errors Employer Disclosure

The Digital Disclosure Service

For most personal tax disclosures not covered by a specific campaign, use HMRC’s Digital Disclosure Service (DDS) at gov.uk/government/publications/hmrc-digital-disclosure-service.

The process:

  1. Notify HMRC of your intention to disclose — you have 90 days to complete the disclosure after notifying
  2. Calculate the tax owed — for each year, work out the correct tax, interest, and any penalties
  3. Submit the disclosure — including a full explanation of why the underpayment occurred
  4. Pay — HMRC will confirm the agreed amount; payment is expected within 90 days of the disclosure being accepted

How to Calculate What You Owe

For each tax year in scope (HMRC can typically go back up to 20 years for serious or deliberate errors, 4 years for innocent errors, and 6 years for careless errors):

  1. Work out the correct taxable income or gain that should have been declared
  2. Calculate the tax due at the correct rate for that year
  3. Deduct any tax already paid
  4. Add interest — HMRC charges late payment interest from the original payment due date. The rate in 2026/27 is Bank of England base rate + 2.5% on underpaid tax
  5. Calculate penalties — using HMRC’s penalty ranges for unprompted disclosure

Example: Sarah failed to declare £8,000 rental income per year for three years (2022/23 to 2024/25) — a careless error.

Year Undeclared income Tax owed (20%) Interest (approx.) Penalty (0–30%)
2022/23 £8,000 £1,600 £240 £0–£480
2023/24 £8,000 £1,600 £160 £0–£480
2024/25 £8,000 £1,600 £80 £0–£480
Total £24,000 £4,800 ~£480 £0–£1,440

With a voluntary disclosure and full cooperation, HMRC would likely agree a penalty at the lower end (0–10%), bringing Sarah’s total bill to approximately £5,400–£5,800 including interest.

HMRC Disclosure Campaigns Currently Open

Let Property Campaign — for landlords with undeclared UK rental income. Available at gov.uk/guidance/let-property-campaign. You notify online and complete the disclosure within 90 days.

Worldwide Disclosure Facility — for offshore income, assets, or gains. Available at gov.uk/guidance/worldwide-disclosure-facility-make-a-disclosure. Requires disclosure of all undeclared offshore matters.

Both campaigns offer structured processes with HMRC guidance on calculating the amounts due.

How Far Back Can HMRC Go?

Error type How far back HMRC can assess
Innocent / no fault 4 years
Careless 6 years
Deliberate 20 years
Offshore matters 12–20 years depending on territory

Making a voluntary disclosure before HMRC raises an assessment preserves the shorter time limits where they apply.

What Happens If HMRC Contacts You First

If HMRC writes to you about a discrepancy or opens a compliance check before you disclose, you have moved from unprompted to prompted territory. You should still cooperate fully and make a prompt, complete disclosure — penalties will be higher, but cooperation and quality of disclosure still reduce them. Do not delay or provide incomplete information; HMRC treats delay and obstruction as aggravating factors.

See our Self Assessment guide, Section 24 landlord tax guide, and income tax guide.

Sources

  1. HMRC — Tell HMRC about underpaid tax
  2. HMRC — Let Property Campaign