'Out of control' HMRC refunds taxpayers half a billion since 2015

£493m claimed back since 2015

Steve Webb: “HMRC is clearly out of control. It operates a system of ‘tax first, ask questions later’, presumably so that the government can enjoy some extra interest until the money is claimed back."
Steve Webb: “HMRC is clearly out of control. It operates a system of ‘tax first, ask questions later’, presumably so that the government can enjoy some extra interest until the money is claimed back."
  • LinkedIn  
0 Comments

Tax refund figures published this morning by HM Revenue & Customs (HMRC) show the organisation is "out of control" when it comes to over-taxing people and then expecting them to claim refunds, according to Royal London.

Analysis from the provider showed that since April 2015, HMRC has had to hand back just under half a billion pounds to taxpayers who have been over-taxed. Royal London said HMRC is collecting huge sums...

More on Tax planning

More news