Tax man ploughing through 17m extra cases
HMRC faces further questions over millions of other open cases
HMRC faces further questions over millions of other open cases
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:
HMRC
may have missed time limit on tax bills
Six
million paid the wrong tax
More about:
The numbers you crunch tell a story. Your expertis...
15yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleMaking Tax Digital for Income Tax will reshape reporting from April 2026. Here’s what accountants need to know: thresholds, deadlines, and preparation...
View articleHM Revenue and Customs (HMRC) will send 1.4 million letters in the coming months to alert UK taxpayers about unpaid income tax as part of its annual c...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleAccountants with contractor clients must take practical steps in an attempt to fly under HMRC’s radar Read More...
View articleAre taxpayers aware of their self-assessment obligations before they come to you? In a consultation due to close shortly, HMRC is looking at whether t...
View articleATT technical officer, Emma Rawson, takes a look at HMRC’s new call for evidence which explores potential reforms to how and when individuals with pro...
View articleTax managers warn of complexities in HMRC’s WFH tax allowances Read More...
View articleHMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...
View article