Has anyone seen these yet? The first one I have tells the taxpayer in big bold letters that his tax is £255 and that "for every £1 of income, he paid 2p in tax".
The trouble is that £255 is only the tax paid at source - less than a third of his liability. There's a whole pie chart on the back showing a breakdown of 15 segments of national expenditure and the proportion of his tax that goes toward each. Only trouble is; this should be based on £829 not £255.
I've not seen one of these yet Tim, if it's a governmental ploy to tell us how little tax we are paying just before the election it could back fire if they get it so spectacularly wrong. Maybe he should write to HMRC thanking them for the 2p in a pound they have agreed and asking for some change!
These docs showing how your tax was paid are absolutely useless and just might anger many people, not to mention how much money and time might have been wasted on such rubbish.
haaha well spotted Pauline. I had to check my own sums then because I'd just cobbled the tax calculation being reluctant to post the front page.
But you've pointed out how slapdash this initiative has been and these oversights will just waste the time of Joe Public, ourselves and the Revenue staff.
I believe the guy who did the Beta testing is on Accounting web and I am sorely tempted to post this there too.