A PKF tax partner in Birmingham, has slammed HM Revenue & Customs (HMRC) for the ‘shocking way’ it is holding back overpaid tax and the arrangements by which it is seeking to cut the deadline for claims on money owed.
Simon Littlejohns is concerned changes to go through in the forthcoming finance bill and legislation next month will not give taxpayers enough time to find and rectify HMRC mistakes, Birmingham Post reports.
He says that, by aligning the taxpayers' time limit at four years, the government's proposals effectively assume HMRC will never make major systematic mistakes – ‘this has not proved to be the case in recent years’.
He has called on MPs to take notice, saying that, although the time limits are being aligned and simplified, four years may simply not be enough for a taxpayer to find and rectify a mistake.
Further reading:
Comments
Have your say on this article