‘Careless' errors cost HMRC £354k in tax complaints redress

clock

HM Revenue & Customs (HMRC) is being criticised for failing to stem a rise in tax complaints, which more than doubled in 2012-2013 compared with the previous year.

The Adjudicator's Office, which handles complaints against HMRC and other bodies, said the rise was "extremely disappointing", particularly as many cases included "careless and avoidable" errors. Tax gripes - about PAYE in particular - dominated the number of new investigations handled by the Adjudicator about HMRC, which totalled 2,574 in the period. There were 1,331 complaints about taxation issues, up 107% on the previous year. Of the 1,354 cases resolved in the same period, 60% were either ‘partially' or ‘substantially' upheld. As a result, it paid out a total of £354,321 in redre...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth managers

The existential threat at the heart of Britain's biggest wealth manager

The existential threat at the heart of Britain's biggest wealth manager

Fees made St James's Place rich but now risk toppling the firm

Chris Newlands
clock 15 May 2024 • 10 min read
St James's Place results lay bare cost and charging challenges against market tumult

St James's Place results lay bare cost and charging challenges against market tumult

'Structural opportunity' for advice industry

Hope Coumbe
clock 28 February 2024 • 3 min read
SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

SJP CIO Onuekwusi: Retail investors lack appropriate structure to access private markets

Open-ended structures 'have to work'

Valeria Martinez
clock 01 December 2023 • 2 min read
Trustpilot