March 11th in HMRC, Tax by jason2009 .

Taxpayers Generously Giving the Treasury £9bn Extra this Year – For Nothing

That’s enough to cover the Government’s borrowing for ooh, er…a couple of weeks…

Charles Tyrwhitt UK
 

A why’s that? Carelessness basically.

Accountancy Age: A “colossal” £9bn of tax will be overpaid by Britons this year as people fail to take steps to [count] (word missing so we took the liberty) the amount they pay, according to new research.

On average every tax payer in the UK will pay £186 more than they need to, with 86% of people doing nothing to reduce their tax burden. Despite this, it is estimated that wastage has dropped 9% from the previous year.

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Just make sure you aren’t one of them. Bureaucracy and refunds – good luck.

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