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HMRC Refunds

A recent report has highlighted the fact that half a million taxpayers are awaiting tax refunds from HMRC for tax year 2019/20.

It would seem probable that a higher number of refunds would be outstanding for tax year 2020/21.

There appears to be no logical reason why so many refunds have not been processed. Perhaps it is due to HMRC being significantly under resourced.

The lesson to learn from this is that it is vital to monitor the state of tax refund applications and notto just expect HMRC to undertake the actions which they should do automatically.

 

Call us on 0121 448 7466 for a free meeting

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