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Self assessment paper problems no bar to accurate tax payments

Member: Nifa

Around half a million self-employed taxpayers are being given an extra two months to make their July tax payment because of an error by the UK tax authorities.

It’s been revealed that Her Majesty’s Revenue and Customs did not order enough special paper to meet the demand for printing statements confirming the amount of tax due from returns sent in earlier in the year.

This is the second time in three years that the tax authorities have under-ordered this special paper, the last time was in January 2008.

HMRC say next time they’ll be better prepared.

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