Tax coding error hits staff at big four accountant KPMG

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Tax coding error hits staff at big four accountant KPMG
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An administrative error left staff at one of the UK's biggest accountancy firms being given the wrong tax information on their payslips last week, Sky News understands.

The big four accountancy firm KPMG is racing to resolve an embarrassing administrative mix-up which has left British-based employees being given erroneous information about their tax payments.

The fiasco is understood to have arisen as a result of HM Revenue & Customs being provided with incorrect documentation by a third party following the simplification of the legal structure of KPMG companies. However, a clerical error is understood to have resulted in the change being communicated to the tax authorities with effect from the 2023-24 tax year.

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