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PAYE underpayments

January 4, 2012

HMRC are writing to pensioners who have not had sufficient tax deducted under PAYE from their pensions in 2010/11, due to an error made by the HMRC computer. HMRC have confirmed that the tax due will be automatically collected through the taxpayer’s PAYE codes over three tax years, not one year. There is no need for the pensioners concerned to take any action.

CLICK HERE - HMRC briefing on underpaid PAYE

CKLG Accountants in Cambridge are here to help.