Last month for higher-rate tax campaign.

Thousands of taxpayers who have not returned their Self Assessment tax returns for 2009/10 or earlier will be sent letters reminding them of a unique opportunity to avoid higher penalties.

Higher-rate taxpayers are being targeted by the Tax Return Initiative and have until October 2 to take up the tax authorities on their offer.

Other people who have failed to submit their tax returns for 2009/10 or earlier will also be able to take advantage of the opportunity, although the campaign is aimed at those who pay tax at rates of 40% and above primarily.

To benefit from the scheme, people must tell HM Revenue & Customs (HMRC) that they want to take part, as well as completing all the paperwork and paying any tax or National Insurance Contributions owed, within the next month.

The campaign was launched on July 3 and aims to give people better terms and reduced penalties if they come forward voluntarily through the scheme, rather than if HMRC approaches them first.

Copyright Press Association 2012