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Tax coding error affects staff at KPMG

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An administrative error has led to staff at KPMG being given the wrong tax information on their payslips last week, according to reports from Sky News.

The problem is said to have been caused by HMRC being provided with incorrect documentation by a third party following the simplification of the legal structure of KPMG companies.

Sources told Sky that UK employees’ contracts had been transferred from KPMG UK Ltd to KPMG LLP on 1 April.

A clerical error resulted in the change being communicated to the tax authorities with effect from the 2023-24 tax year.

The firm insisted that this did not result in incorrect payments being made to staff and was a separate issue to the payroll issues KPMG had last week.

A payroll processing problem last week meant that KPMG staff received their April salaries several hours later than scheduled but this was solved on Friday.

A KPMG UK spokesperson told Sky: “We are very sorry to our colleagues who were affected by this issue from our provider. We will ensure that none of our people will be left out of pocket as a result.”

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