Feeds

One in four tax bills will be wrong

Online tax advisory warns of impending cock-up by Inland Revenue

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Up to two million British taxpayers face paying the wrong tax bill thanks to Inland Revenue bungling. With less than two weeks left to submit Self Assessment tax returns for the 1998/99 tax year, the Inland Revenue still has three million forms outstanding. Civil servants will be rushed off their feet trying to cope with the flood of forms. What's more, it will be unlikely to meet its own target of 75 per cent accuracy, published in the Revenues Operating Plans for 2000-2001. So claims VirtuallyAnywhere.co.uk, an online tax advisory company. "The Inland Revenue is targeting and expecting to get tax bills wrong for one in every four Self Assessment taxpayers – some two million people," it trumpeted. "The worrying thing about this is that it is likely that taxpayers, without professional advisers, will not know if the Inland Revenue has got their tax bill right or wrong," commented Nigel Duke, the company's MD. VirtuallyAnywhere charges £80 to help people fill out their returns. It is currently pressing for the government to offer online facilities for tax returns - something it plans to offer on its site for the next financial year. ® Related stories: Taxman at risk from Y2K bug

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.