OVERDUE TAX

Coding Out.  Up until the 24th of October 2014, persons who owed HMRC and were in PAYE employment or receiving a UK pension, could pay back the debt of up to £3000 by adjusting the tax code.  However, now, HMRC have introduced a sliding scale for those on an income of more than £30,000 p.a.  For a more detailed review of this, please access via http://www.hmrc.gov.uk/news/overdue-tax-individual.htm


David Carney  MAAT MIP