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Tax doesn't need to be taxing

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    Tax doesn't need to be taxing

    http://uk.finance.yahoo.com/news/tax...3b9a9.html?x=0

    A taxpayer who paid too much tax to HM Revenue & Customs has been fined £1,400 for making a mistake when he asked for a rebate.

    The self-employed man from Kent, who has not been named, tried to reclaim £3,000 in overpaid tax for the year to April 2009, but Revenue & Customs calculated that he was owed £1,000 and fined him £1,400 for the error.

    Under new penalty regulations (Labour loves its new regulations), the Revenue can fine taxpayers up to 30 per cent of tax owed for careless mistakes and up to 100 per cent for errors that it believes were deliberate and "concealed" mistakes.

    Lawyers said that this was the first time they had ever heard of someone being fined for a mistake on their request for a rebate.


    Gotta love Labour!

    #2
    Originally posted by DimPrawn View Post
    http://uk.finance.yahoo.com/news/tax...3b9a9.html?x=0

    A taxpayer who paid too much tax to HM Revenue & Customs has been fined £1,400 for making a mistake when he asked for a rebate.

    The self-employed man from Kent, who has not been named, tried to reclaim £3,000 in overpaid tax for the year to April 2009, but Revenue & Customs calculated that he was owed £1,000 and fined him £1,400 for the error.

    Under new penalty regulations (Labour loves its new regulations), the Revenue can fine taxpayers up to 30 per cent of tax owed for careless mistakes and up to 100 per cent for errors that it believes were deliberate and "concealed" mistakes.

    Lawyers said that this was the first time they had ever heard of someone being fined for a mistake on their request for a rebate.


    Gotta love Labour!
    Was it Labour that did that? I read that it was HMRC.

    Comment


      #3
      Originally posted by DimPrawn View Post
      http://uk.finance.yahoo.com/news/tax...3b9a9.html?x=0

      A taxpayer who paid too much tax to HM Revenue & Customs has been fined £1,400 for making a mistake when he asked for a rebate.

      The self-employed man from Kent, who has not been named, tried to reclaim £3,000 in overpaid tax for the year to April 2009, but Revenue & Customs calculated that he was owed £1,000 and fined him £1,400 for the error.

      Under new penalty regulations (Labour loves its new regulations), the Revenue can fine taxpayers up to 30 per cent of tax owed for careless mistakes and up to 100 per cent for errors that it believes were deliberate and "concealed" mistakes.

      Lawyers said that this was the first time they had ever heard of someone being fined for a mistake on their request for a rebate.


      Gotta love Labour!
      Ah well, not long till the glorious Tories sweep to victory and fire everyone in HMRC - yeah right.

      Comment


        #4
        Originally posted by expat View Post
        Was it Labour that did that? I read that it was HMRC.
        How thick are you?

        Yeah, new tax laws aren't written by Labour, they're written by HMR&C.

        Cretin.

        Comment


          #5
          Originally posted by DimPrawn View Post
          http://uk.finance.yahoo.com/news/tax...3b9a9.html?x=0

          A taxpayer who paid too much tax to HM Revenue & Customs has been fined £1,400 for making a mistake when he asked for a rebate.

          The self-employed man from Kent, who has not been named, tried to reclaim £3,000 in overpaid tax for the year to April 2009, but Revenue & Customs calculated that he was owed £1,000 and fined him £1,400 for the error.

          Under new penalty regulations (Labour loves its new regulations), the Revenue can fine taxpayers up to 30 per cent of tax owed for careless mistakes and up to 100 per cent for errors that it believes were deliberate and "concealed" mistakes.

          Lawyers said that this was the first time they had ever heard of someone being fined for a mistake on their request for a rebate.


          Gotta love Labour!
          People wouldn't have all these awful money/tax/inland revenue/legal worries if they didn't have any money.

          Comment


            #6
            I just reclaimed £327 today.
            Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

            Comment


              #7
              They've stopped sending me self assessment forms. I was just writing 0 in all the boxes anyway.

              Comment


                #8
                Apparently despite submitting a nil SA, HMRC insist they actually owe me 40 odd quid (NI overpayment!?).

                I'm now wondering if this is their sneaky way of trying to trap me with a fine for believing them if I accept it.
                Feist - 1234. One camera, one take, no editing. Superb. How they did it
                Feist - I Feel It All
                Feist - The Bad In Each Other (Later With Jools Holland)

                Comment


                  #9
                  Originally posted by expat View Post
                  Was it Labour that did that? I read that it was HMRC.


                  The government enact the tax laws which give HMRC their powers.

                  Of course, in the olden days, before New Labour, a taxpayer would submit their tax return to the Inland Revenue who would then calculate how much was tax due and send a demand.

                  Now, it is the taxpayer's responsibility to calculate their tax correctly and they will be fined if they get it wrong.

                  If this is the sort of country that you all want to live in, good luck to you.

                  Comment

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