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Loan Protection: Tax blunder victims urged to check claims

UK consumers who have been affected by the HM Revenue & Customs (HMRC) tax blunder have been urged to check

HMRC miscalculated the amount of tax six million workers owed through the PAYE system, with those affected being notified if they have under or overpaid tax.

John Andrews, of charity Low Incomes Tax Reform Group (LITRG), advised consumers to ensure their tax claims are correct and to "exercise the rights you have."

He told the Daily Mail: "Treat HMRC's calculations with great care. The amount shown may be incorrect and if an underpayment is shown, you may not need to repay it.

"Do not accept HMRC's proposals if it will put you in financial difficulty. After all, you are in this position because of a failure by HMRC to do its job properly."

Accountants have claimed that HMRC have been making mistakes during the recalculation process and claimed those affected should challenge any demands.

Posted by John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance. ADNFCR-2776-ID-800127624-ADNFCR

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