HMRC has defended the PAYE system after press reports indicated that between four and ten million people could be in line for a repayment, while at least 1.4 million face demands for unpaid tax.
HMRC has defended the PAYE system after press reports indicated that between four and ten million people could be in line for a repayment while at least 1.4 million face demands for unpaid tax.
The Financial Times reported on 4 September that 30 000 workers could expect a cheque at the weekend the average repayment being around £390. But about 15 000 PAYE taxpayers would be told they had underpaid. The average underpayment was £1 300.
Those refunds were the result of a ‘first tranche’ of data analysis conducted by the new National Insurance and PAYE Service (NPS). The full database of 40 million workers was expected to be reviewed by the end of...
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HMRC has defended the PAYE system after press reports indicated that between four and ten million people could be in line for a repayment, while at least 1.4 million face demands for unpaid tax.
HMRC has defended the PAYE system after press reports indicated that between four and ten million people could be in line for a repayment while at least 1.4 million face demands for unpaid tax.
The Financial Times reported on 4 September that 30 000 workers could expect a cheque at the weekend the average repayment being around £390. But about 15 000 PAYE taxpayers would be told they had underpaid. The average underpayment was £1 300.
Those refunds were the result of a ‘first tranche’ of data analysis conducted by the new National Insurance and PAYE Service (NPS). The full database of 40 million workers was expected to be reviewed by the end of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
