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| UK Finance (uk.finance) Discussion about Finance issues in the UK. |
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#11
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On Sat, 23 Jan 2010 11:14:27 +0000, MM wrote:
I've just been on the phone to the HMRC since I received this morning two revised tax notices for 6th April 2009 to 5th April 2010. These new codes meant that I would have to pay 20% of tax on my private pensions, but, as I pointed out to the HMRC, I do not receive income in total that is more than my personal allowance (by far). My details haven't changed in three years, either, yet the HMRC computer still issued these revised tax codes to give it, wrongly, the benefit of 20% tax. The assistant checked my details through the computer and changed the tax codes again,so that I no longer pay tax on these pensions, as has been the case since 2006. When I asked the assistant how these errors had occurred, she simply said, umming and ahhing, well, the computer is supposed to calculate the codes automatically, but somehow it failed this time. Really ****es me off that they can get such a fundamental thing wrong. Still, I suppose it's good that they work on Saturdays. http://news.bbc.co.uk/1/hi/business/8478271.stm -- (\__/) M. (='.'=) Due to the amount of spam posted via googlegroups and (")_(") their inaction to the problem. I am blocking most articles posted from there. If you wish your postings to be seen by everyone you will need use a different method of posting. [Reply-to address valid until it is spammed.] |
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#12
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On Mon, 25 Jan 2010 14:33:52 +0000, Mark
wrote: On Sat, 23 Jan 2010 11:14:27 +0000, MM wrote: I've just been on the phone to the HMRC since I received this morning two revised tax notices for 6th April 2009 to 5th April 2010. These new codes meant that I would have to pay 20% of tax on my private pensions, but, as I pointed out to the HMRC, I do not receive income in total that is more than my personal allowance (by far). My details haven't changed in three years, either, yet the HMRC computer still issued these revised tax codes to give it, wrongly, the benefit of 20% tax. The assistant checked my details through the computer and changed the tax codes again,so that I no longer pay tax on these pensions, as has been the case since 2006. When I asked the assistant how these errors had occurred, she simply said, umming and ahhing, well, the computer is supposed to calculate the codes automatically, but somehow it failed this time. Really ****es me off that they can get such a fundamental thing wrong. Still, I suppose it's good that they work on Saturdays. http://news.bbc.co.uk/1/hi/business/8478271.stm The problem the BBC and myself are talking about supposedly only applies to 2010-2011. I don't know whether this is because the new system is only working on 2010-2011 or simply because most coding notices since the new system has been introduced are for 2010-2011 but if some were produced for 2009-2010 they would likely have the same flaws. Whatever the reason, the saga shows how incompetent HMRC are. |
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