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HM Revenue and Customs forced to announce further concession

HM Revenue and Customs has this week been forced to announce that those who "owe" the UK government taxation from the past will not incur interest on any outstanding figures. Despite the fact that the outstanding figures are purely and simply because of mal-administration within HM Revenue and Customs, astoundingly, there have been indications that HM Revenue and Customs would still look to charge interest on these surprise outstanding figures.

While 4.3 million people are set to receive tax rebates over the next few months, over 1.4 million people are set to be hit with further tax payments which will average over £1,400 each. Despite the fact that the authorities have extended the period during which the outstanding figures can be repaid there is still anger regarding the fact that many people will be forced to pay additional taxation due to no fault of their own.

The situation was further muddied when the highest-ranking official in HM Revenue and Customs initially suggested there was no reason to apologise for the error only to be rebuked by the UK government and forced into a humbling apology. The longer this situation drags on the more damage it will do to the trust which the UK population and the UK business arena have in the UK Treasury. What will the authorities do if people refuse to pay?

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