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Tax statement errors affect thousands, says HMRC

Posted by Phil Voice on October 9, 2014 at 11:58am in Business

From the BBC:

Thousands of people will receive a second tax statement from HM Revenue and Customs (HMRC) after their first estimate was miscalculated.

More than five million taxpayers received an initial estimate because they paid the wrong amount of tax in the year to April.

But HMRC said errors had emerged in the process, mainly because it had received incomplete information from employers.

Fewer than 100,000 people were affected, HMRC said.

An accountancy body has accused the tax authority of double standards over accuracy.

Full article: http://www.bbc.com/news/business-29549039

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Tags: errors, inland, revenue, ste, tax
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