Anyone else getting letters that HMRC have sent to their clients saying they are due refunds (large refunds in some cases) as 'the previous calculation we sent you was not correct' re: 2016-17. These are legitimate letters.
HMRC are adding Top slicing relief in these cases even though the taxpayers income before the gains was in the higher rate and the gain does not push them into additional rates! One of the refunds is £6,000 plus.
Keen to find out if this is a case of HMRC changing the way that they calculate Top Slicing Relief or if they are just being incompetent.
Thanks in advance