HMRC Faces More Embarrassment With New Shortfall Demands

HMRC Faces More Embarrassment With New Shortfall Demands

January 12th 2011 1:11 am

general

Following on from last years criticism where six million taxpayers were taxed incorrectly, HMRC have now revealed further err ...

By Ray Arman

1,402 views

Following on from last years criticism where six million taxpayers were taxed incorrectly, HMRC have now revealed further errors in their PAYE tax collection mechanism. 450,000 people are to face demands for a total of £180 million after errors from the 2007/2008 tax year have shown tax underpayments. HMRC has already written off any underpayments where the total amount is less than £300, but will require repayments from other taxpayers - the option to repay via ongoing salary payments will be allowed where possible. Nearly a quarter of million pensioners also underpaid tax due to tax codes being incorrectly applied for 2008-2010. HMRC will write off these amounts and not issue demands for repayment.

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

terms and conditions

privacy and cookie policy

cookie policy

sitemap

are you an accountant? join our network

have a website, blog or app? become an affiliate

find an accountant

east midlands

east of england

london

north east

north west

northern ireland

scotland

south east

south west

wales

west midlands

yorkshire and the humber

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.