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Further tax discrepancies identified by new H M Revenue & Customs computer system.

Following the announcement, in September 2010, that H M Revenue & Customs had identified almost six million tax payers who had either over or under paid tax in previous years,  a second announcement has been reported in the press today.  H M Revenue and Customs have said that a further six million people are set to receive  tax rebates averaging 400 while a further one million will be informed that they have underpaid their tax by about 600.

Letters will begin to go out in the next few months.  Those owing tax will be able to pay in stages via an adjustment to their PAYE code.   Overpayments are due to be settled by December 2012 and interest will be paid on all overpaid tax.

Our team of taxation experts are available to assist you if you believe you may have been affected.  If you would like us to check your position for you, please contact either Ruth in our Workington office, on 01900 603623 or ruthbennett@robinsonco.co.uk or Angela in our Whitehaven office, on 01946 692423 or angelahawkins@robinsonco.co.uk.  Your initial consultation will be free.

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robinson+co is registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.

robinson+co is a trading name of robinson+co (Gosforth) Limited registered in England & Wales 08088245. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Regulated by the Institute of Chartered Accountants in England & Wales for a range of investment business activities.
robinson+co Financial Services Limited is registered in England & Wales 07272147. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Authorised and regulated by the Financial Conduct Authority firm number 597189.

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