HMRC Tax Return Cock-Up Means Millions May be Owed Money

By Gerald Lynch on at

It's hassle enough wading through the small print and clauses of the UK tax return system -- the least we could hope for is getting an accurate bill in return for our efforts. But it seems HMRC can't manage that -- as many as 5.5 million people may have been sent an inaccurate tax bill.

According to the Daily Telegraph, 2 million people have been overcharged on their tax bills, and will now have to go through the arduous process of claiming the excess back from the taxman. Those who felt relieved by a surprisingly generous tax bill may need to curb any planned spending splurges too -- 3.5 million are thought to have paid too little, and will have to cough up some extra moolah from down the back of the sofa. The average cost of the error (both in over and under payments) is around the £300 mark. [Telegraph]