It forecasts issuing another 400,000 fines. The figures also suggest that those who do return their forms are paying much more than they did in the past. And Hector, the cartoon tax inspector, is already back on television screens advertising the fact that people who want the Inland Revenue to help calculate their tax bills have to return their forms next month. But the system has been dogged by teething problems, with some customers receiving bills of just a penny while others have been asked to stump up as much as 26,000. The sharp rise in tax receipts has contributed to the slowdown in the UK economy.
Higher bills is likely to have slowed the housing market and consumer spending.
I suspect that this hidden tax increase, as it were, has had the effect of slowing the economy. The BBC is not responsible for the content of external internet sites.