HMRC responds to PAC report

HM Revenue and Customs (HMRC) has responded to today’s Public Accounts Committee (PAC) report on its Annual Report & Accounts 2012-13. “HMRC strongly disputes the conclusions in the Public Accounts Committee report and challenges the Committee’s selective and misleading use of figures. “HMRC seeks to collect the tax that is due from all taxpayers, so that everyone pays their fair share in...

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One in three could be paying wrong tax

One in three taxpayers could be paying the wrong amount of tax, new research   has found. A series of blunders by HM Revenue and Customs (HMRC) has meant that one in   three taxpayers may not be paying the right amount of tax, according to   research by UHY Hacker Young, the national accountancy firm. The research found HMRC employees have made a number of “basic errors”. One of   the most...

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