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Old 9th Nov 2010, 09:52
  #18 (permalink)  
brakedwell
 
Join Date: Feb 2001
Location: Under the clouds now
Age: 86
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Regarding pensioners, the main reason for the tax code errors was HMRC's failure to reduce the over 65 personal allowance of £9300 by £1 for every £2 for income above £22300 until it dropped to the standard single personal allowance of £6300. For someone earning £37k this results in an underpayment of £900 p.a. Robber Brown's ever increasing and devious small print rules must take a lot of the blame.

This error is covered by Statutory Notice 19.

(My figures are rounded down or up for simplicity)
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