Have you sold a rental property, holiday home or one that was inherited that was not your main residence, did you declare and pay any capital gain tax? If not then you have an opportunity to declare it to HMRC by the 9th August 2013 and pay tax by the 6th September 2013, voluntary disclosure will result in lower penalties and the potential to agree payment instalments. After the 6th September HMRC will be checking the information they have on property sales, those who are identified could face higher penalties and potential criminal prosecution. If you require assistance with disclosure or calculating the potential capital gain please get in touch.