08 Sep 2010
The taxman is working through more than 17 million tax problems in addition to the six million reveled at the beginning of the week.
This latest batch of problems goes back up to six years and stems, according to the Daily Mail, from HMRC realising that the liabilities under PAYE did not match the income received by taxpapyers.
However, it is not clear how serious the 17 million open cases might be or whether they would give rise to significant tax demands.
On Monday it emerged that up to 1.4 million people could owe the taxman up to £1,400 in. Around four million others could be due refunds.
Throughout yesterday concern mounted over the errors as HMRC sent out its first mailshot to 45,000 people informing that there was a problem.
Read more:
You may also like
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment
SPELLING MISTAKE
USE A SPELL CHECKER!!! 'REVEAL' ALWAYS GOT ONE A!!!
causes of 2010 spelling mistakes=over use of teltext msgs!!!
Posted by: F A, 08 Sep 2010 | 00:00