HMRC £3,000 tax letter warning for pensioners that could result in fines

Reading now: 548

Pensioners and employees who have issues with their tax could be at risk of receiving a letter from HM Revenue and Customs (HMRC).

The government department is in the process of issuing both tax calculation letters (P800 letter) and Simple Assessment letters for those who have either paid too much or too little tax for the 2023/24 tax year.

According to official guidance, the letters are sent out between June and March of the following tax year, which means there is still time for the letters to be sent out.

Letters can be sent out for a number of reasons, including if you put the wrong tax code on your self-assessment, changed jobs, were paid by both in the same month, or began receiving a pension at work.

Read more on manchestereveningnews.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA