Despite the ongoing propaganda from HMRC and the cretins in the government, it would appear that tax dodging is less rife than previously thought .
HMRC has unexpectedly discovered that Britons typically err on the side of caution, inadvertently overpaying on their self-assessment forms.
Contrary to the expectation that taxpayers play down their incomes as much as possible – or, as in recent high-profile cases, evade taxes – a trialled new system (that I wrote about in September 2017) revealed the opposite to be more commonly true.
An automated system that used existing data to pre-write a taxpayer’s income found that it reduced the income declared more often than not.
Jon Thompson, chief executive of HMRC, revealed the discovery in a letter to MPs.
As per the Telegraph this “had a small net negative impact on overall tax receipts due to improved accuracy of self-assessment returns”.
“Decreases in overpayments outweighed the reductions in small underpayments.”In otherwords the state will be worse off under the new system!
Tax does have to be taxing.
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