Closed petition Grace period for UK Tax Residents to Report Worldwide Income and Assets

Requesting the Government to create a short-term grace period for UK tax residents to report worldwide income and assets without penalties.
We think HMRC should provide clear guidance and support to help people comply and avoid unexpected tax bills.

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We think that many UK tax residents don’t realize they must report worldwide income, which could lead to penalties and unexpected tax bills.
We think a short-term grace period would help people fix mistakes without heavy penalties.
We think this would promote fairness, improve understanding, and give taxpayers a chance to comply before facing enforcement.

This petition is closed All petitions run for 6 months

163 signatures

Progress of the petition towards its next target: 163 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 27 September 2025
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