Government may keep overpaid tax

Updated
HMRC building
HMRC building

PA

Any kind of interaction with the taxman is not something to be relished. Unless you're a sucker for frustration, expense and threats, HMRC is not a body you want to have anything to do with. Very occasionally, however, there's a time when talking to the taxman can yield great joy: when you discover he owes you money.

Unfortunately there's every chance even this could end in frustration and expense too, because there is a change to the rules about reclaiming overpaid tax, which could leave the government hanging onto far more of it.

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