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

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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.

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.

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    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 27 September 2025.