HMRC has issued a reminded that, from March 2020, the department has been able to recover unpaid tax by adjusting the PAYE tax code for the current year. Although this change was announced in Agent update 76 in February 2020, this may have slipped the notice of some agents and it can, for some taxpayers, result in a significant drop in net income.
HMRC has issued a reminded that, from March 2020, the department has been able to recover unpaid tax by adjusting the PAYE tax code for the current year. Although this change was announced in Agent update 76 in February 2020, this may have slipped the notice of some agents and it can, for some taxpayers, result in a significant drop in net income.
