Parliamentary reporter, Computing, Tuesday 7 September 2010 at 10:03:00
Some �1.8bn said to have been overpaid in tax since April 2008
Following discrepancies picked up by a new computer system implemented by HM The new computer system is better able to reconcile tax due with that The tax authorities have described the discrepancies as overpayments HMRC has begun to send out the 44,000 letters to many of those affected, Those who owe less than �2,000 can have the money deducted from their salary The inaccurate tax payments result from the switch to a new system that However, The National Audit Office also discovered data was loaded on to the The system was expected to generate 13 million new tax codes in January and The greater mobility of employment, with more employees changing jobs or
Revenue & Customs (HMRC), 10 million income tax payers may be entitled to a
rebate and 1.4 million could face demands for payment of underpaid tax.
actually paid.
affecting 4.3 million people, with �1.8bn overpaid in tax since April 2008.
There are also 1.4 million people who will have to pay an average of �1,428 each
back to HMRC.
30,000 of whom are owed rebates and 15,000 of whom unwittingly underpaid tax.
over the coming year. Those with more than �2,000 outstanding will be asked for
a lump sum.
collects all the tax information about individual taxpayers in one place related
to the taxpayer's address rather than one or more employers in different parts
of the country.
new system last year without being checked for accuracy; in addition, the new
system went live with more than 50 identified defects requiring manual
workarounds.
instead produced 26 million, many incorrect.
working part-time for more than one employer, has added to HMRC's problems.
Full story at http://www.computing.co.uk/computing/news/2269318/hmrc-system-exposes-tax
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