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    Taxman collects £238m extra because of tax code errors

    Taxman collects £238m extra because of tax code errors

    New PAYE system has led to an increase in wrong PAYE codes issued to taxpayers, according to UHY Hacker Young

    Author Date published August 16, 2010 Categories

    HM Revenue and Customs raked in an extra £238m because of tax code errors.

    The taxman’s PAYE system has suffered teething problems since it was
    introduced.

    UHY Hacker Young said that the system has led to an increase in wrong PAYE
    codes issued to taxpayers, and said the overcharging was ‘unacceptable’,
    according to the
    Guardian.

    However, the amount overcharged is a fraction of the £250bn the taxman
    collects annually through PAYE.

    Further reading:

    Doubts
    raised over future of new PAYE system

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