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HMRC says it will continue to chase tax underpayment cases

The BBC was recently told by HMRC whistleblowers that the Revenue has been instructed not to chase a lot of underpayment cases that are over two years old and which could be open to a legal challenge; a claim that has been strongly denied by an HMRC spokesman.

HMRC says it will continue to chase tax underpayment cases » Read the full story

Contractors contacted by HMRC told not to bury their heads in the sand

Due to recently discovered errors, HMRC has sent out its first round of approximately 45,000 letters to taxpayers, potentially including umbrella company contractors, informing them that their taxes were wrong. The total number of letters sent out should top 6 million by the end of this year.

Contractors contacted by HMRC told not to bury their heads in the sand » Read the full story

HMRC coding errors led to a 148% increase in overpayments

The fiasco surrounding HMRC’s attempt to introduce a new system to cope with PAYE codes earlier this year continues with news that PAYE processing errors resulted in a 15.7% increase in underpayments and a 148% increase in overpayments.

HMRC coding errors led to a 148% increase in overpayments » Read the full story

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