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Thursday 9 October 2014

HMRC Gets it wrong again !

Leaked e-mails from within HMRC allegedly reveal that HMRC have yet again made serious miscalculations of peoples tax liabilities.

Following on from last years fiasco when it admitted that over 5 million people might have been charged incorrectly, attempts at correction have apparently not resolved the issue and notices which advised taxpayers are apparently, and according to HMRC, not demands for tax to be paid!  An HMRC spokesman in admitting the problem has said that it will take 6–8 weeks to resolve the latest issue.  Taxpayers, predominantly those on PAYE who have received refunds have been requested not to cash the cheques!  The leaked e-mail suggests that the miscalculations are due to the changeover to Real Time Information software which businesses now use to calculate payroll.  

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