HM Revenue & Customs owes hundreds of millions of pounds to as many as
4.5m British taxpayers after allocating them with incorrect tax codes.
There were 20m queries about tax codes in March this year, up from around 16m
last year, according to
The National Audit Office estimates the department could be liable to repay
£1.6bn to taxpayers who had too much tax deducted from their wages.
Angela Beech, head of personal tax at Blick Rothenberg, said: ‘These figures
are horrific. It is unbelievable that so many people have not paid the right
amount of tax, and it is sometimes difficult for them to claim this money back.’
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC