VAT cheats have until the end of the month to come clean to HM Revenue & Customs.
HMRC is running a campaign focusing on those trading above the VAT registration threshold – a turnover of £73,000 – who have not registered.
If they come forward before September 30 they will only have to pay a 10 per cent penalty on the VAT paid late.
The payments don’t then have to be made until December 31.
To find out more, see hmrc.gov.uk/ris/vat/