HMRC have announced that six million people will receive tax rebates averaging £400. On the downside one million taxpayers will have to repay on average £500 towards their tax bills after the discovery of errors at HM Revenue & Customs.
The BBC reports that HMRC will begin sending letters out to taxpayers in the next few months and that those who owe money will be given the opportunity to agree payments plans. Here is the article in full from the BBC website
This relates to the tax year 2007-08.
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