Warning for pensioners over tax codes

February 25, 2010 by admin  
Filed under News, News-Banking

It was revealed recently that the systems being used by HM Revenue and Customs had resulted in millions of tax codes being incorrect, which in turn was leading to many people potentially paying too much or too little in the way of tax. Read more

Tags: amalgamation, Tax code, Low Incomes Tax Reform Group, finance, Business Finance, end, customs, Taxation in the United Kingdom

Warning issued over HMRC message

July 24, 2009 by admin  
Filed under General

Over the past couple of weeks authorities have had to issue warnings over a new email scam that was doing the rounds claiming to be from Her Majesty’s Revenue and Customs. Read more

Tags: fair, Fair Trading, hmrc email scam, Business Finance, email scams, scam, customs, result

Officials warn of potential fraud alert amongst UK families

November 27, 2007 by admin  
Filed under News, News-Loans

According to a recent report many UK families with children aged under sixteen have been placed on fraud alert after it was revealed that HM Revenues and Customs have lost two discs containing data on all families in the UK with children aged under sixteen, with a range of other related details.

This comes just weeks after it was revealed that discs containing pension details and personal details of pension customers with Standard Life had gone astray, and HMRC and Standard Life had to contact customers to put them on alert.

The data on the latest discs that have gone missing related to child benefit, and amongst the details thought to be contained on the discs are names, addressed, national insurance numbers, dates of birth, and in some cases bank account details. The Chancellor of the Exchequer, Alistair Darling, stated that there was nothing to say that the discs had fallen into the hands of criminals, but he did warn families to be vigilant to avoid becoming the victims of fraud.

Mr Darling made an emergency statement to MPs relating to the issue, and stated: “The missing information contains details of all Child Benefit recipients: records for 25 million individuals and 7.25 million families. ”

He also expressed his own disappointment with what had happened, apologizing for the situation and stated that the incident was an “extremely serious failure on the part of HMRC to protect sensitive personal data entrusted to it in breach of its own guidelines”.

He told MPs: “Two password protected discs containing a full copy of HMRC’s entire data in relation to the payment of child benefit was sent to the NAO, by HMRC’s internal post system operated by the courier TNT. The package was not recorded or registered. It appears the data has failed to reach the addressee in the NAO.”

Tom Smith
27th November 2007

Tags: customs, Loss of United Kingdom child benefit data, discs containing data, 27th november, Taxation in the United Kingdom, hmrc, latest discs, Child Benefit recipients