Revenue & Customs is facing a growing storm of protest over plans to force taxpayers to take responsibility for checking their tax code.
Accountants and tax campaigners are calling on the Revenue to reverse the proposals, which they argue will make taxpayers pay for mistakes made by the taxman.
The row revolves around Extra Statutory Concession A19 – part of the Revenue’s rule book. This rule means taxes can be waived if a taxpayer supplied all the necessary information, but tax officials failed to use it promptly and correctly in calculating their tax bill.
The rule simply requires that a taxpayer must ‘reasonably have believed’ their tax affairs were in order.
The Revenue has proposed changing the rules and replacing the emphasis on reasonable belief with ‘taxpayers responsibilities’, requiring taxpayers to check their own tax codes.
Read more: http://www.thisismoney.co.uk/money/news/article-2183751/Fury-Revenue--Customs-tells-taxpayers-check-code.html#ixzz22mRpU9JN