Taxpayer fined after overpaying

A man has been fined by HMRC after trying to reclaim £3,000 in overpaid tax,
reports this morning.

The self employed man, who was unnamed in reports, was deemed to have
miscalculated the sum, which HMRC worked out as just £1,000, so was then fined
£1,400 for his the mistake.

New penalties allow HMRC to fine taxpayers for errors in their tax returns.

The Telegraph quotes the man’s lawyer, Phil Berwick of McGrigors, saying the
fine was “outrageous” because the man had made an honest mistake.

Read more:

tackles unpaid taxes

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