Tax Rebates & Refunds

Greater clarity comes from informing the HMRC of its mistakes

February 22, 2012
Posted in Tax Rebates — Written by Chris

Some people are of the opinion that it is best to let the HMRC deal with tax issues and not to interfere personally. They believe that getting involved can only cause confusion and they prefer to trust the HMRC to catch up even when mistakes are made or when breakdowns of communication lead to them paying a bit more tax than they are supposed to be paying given their circumstances.

However, this sort of attitude does not necessarily do any good. The HMRC may not catch up with the situation because investigations may not lead to the proper discoveries. If anything it is your responsibility to get in touch with the HMRC via some effective means in order to get things sorted out quickly so everyone knows where they stand.

Trusting the HMRC to catch up just means that you are doing yourself out of money that is rightfully yours. That makes no sense whatsoever because at present people need access to all their finances in order to get by. Moreover, the HMRC needs to know what it has done wrong to make sure the same thing is not repeated this year and the next.

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