HMRC Coding notice errors
Posted February 18th, 2010
HM Revenue & Customs (HMRC) has recently introduced a new computer system which was designed to streamline the collection of PAYE and National Insurance.
However, due to computer error has admitted that millions of taxpayers could lose out on up to £2,500 a year from their pay.
The error has led to the wrong coding notices being sent out to millions of taxpayers, and in many cases, the recipient is receiving multiple coding notices.
It particularly effects the following:
• Married couples and civil partners aged over 76 or over.
• People receiving their State Old Aged Pension
• Company car owners.
• Employees with company sponsored Private Medical Insurance.
• Former soldiers and war widows receiving war pensions.
I recommend that you review your coding notice carefully and pay particular attention to any changes in the new coding notice.
If you have received a coding notice and would like advice on whether it is correct, please contact me on 01204 663904 or phil@white-well.co.uk