HMRC Is Shite

HMRC Is Shite

Tuesday, 8 January 2013

270,000 Opt Out of Child Benefit

According to IFAonline, some 270,000 people have decided to opt out of receiving child benefit following changes to eligibility rules. That leaves approximately 830,000 still in the system who will be affected by the changes.

Good luck to the good people of HMRC with processing that mini mountain of "paperwork"!

Tax does have to be taxing.

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  1. I reiterate a comment made yesterday. How many of these 830000 will voluntarily comply and register for SA? Human nature being as it is, it's likely that most people affected will ignore the situation. No link between a single £50,000+ wage earner and a single partner who receives the benefit, other than a shared address, and no details of children on tax records. So how will all couples affected be tracked down?

  2. I suspect that self employed will use clever accounting to avoid the clawback while PAYE won't be able to avoid it.