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...
Javid's first fiscal announcement
'Misunderstood our profession'
Newly created role
No direct replacement planned
Could be delayed by general election