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Payday loans becoming more popular?
HM Revenue and Customs recently revealed that many people were proceeding to pay the wrong levels of tax, due to an error which was in the computer system used to calculate payments for citizens using the ‘pay as you earn’ approach. Millions of people are believed to be affected, and the amount of money owed on top of tax already paid is believed to run into the thousands for some people. With the letters going out in the Autumn, many people are finding that the repayment demands are coming in just before Christmas – a time when many people are stretched as it is.
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