Earlier this year it was discovered several million tax payers of the UK had underpaid. The HMRC now claims they are owed even more at this point. The number is not accurate, but of the six million people discovered earlier to have not paid enough in taxes, a few more million than that could end up getting a bill. This situation has come into light after HMRC assessed millions of tax records for the last two years.
Dame Lesley, HMRC chief executive, just yesterday revealed there were millions of tax payer records not yet assessed, to see what the true figures looked like.
Margaret Hodge, chairwoman of the committee to assess all tax payer records, commented on the work to be done, saying: “There are ten million you really don’t know anything about, so six million is an estimate.”
Sarah Walker, HMRC manager overseeing the PAYE – the original system used when the first six million incorrect records were discovered, commented on the accuracy of the figures, saying: “Until we work each of those cases, we won’t know the absolute numbers.”
Dame Lesley warned of the accuracy of the system over the next two years, and said: “It will take another year after that before it’s a stable system.”
The HMRC was pressed for answers as to why the under and over payments problem was just recently revealed. The answer from the HMRC was that it took several months to identify the individuals affected, and that if they did publicize it, phone calls would swamp the already busy offices.
Dame Lesley commented further, saying: “We would have raised everyone’s anxiety.”