HM Revenue & Customs is reducing penalties for people who come clean on their tax returns. So if you haven’t sent off your historic tax returns, now’s the time to do it. Have you ever missed the deadline?
Posts tagged with "hmrc"
It seems that the British public are getting better at filing their tax returns online. But when the tables are turned, and we’re due a rebate from HMRC, is the tax man letting us down?
I’ve reached the point that every graduate dreams of – I’ve paid off my student loan. But it worries me how much monitoring I’ve had to do to stay on top of it. Couldn’t the Student Loans Company be more helpful?
Something’s gone horribly wrong with student loans. We’ve found that 57,000 former students are waiting for refunds worth £15 million. All because the Student Loans Company and HMRC can’t communicate.
Following the HM Revenue & Customs’ (HMRC) tax cock-up, almost a million of those who’d been accused of underpaying tax have been let off. But many will still be hit by a hefty bill owing to the mistake.
HMRC has admitted miscalculating almost six million tax bills over two years. For some that’ll mean a nice little refund, but for others this could mean their wallets will be ambushed after being told they’ve paid too little.