Juan Mourep
Vital 1st Team Regular
http://www.huffingtonpost.co.uk/2014/05/08/george-osborne-hmrc-bank-accounts_n_5287172.html?icid=maing-grid7%7Cuk%7Cdl1%7Csec1_lnk3%26pLid%3D263159
HMRC 'Judge And Jury' On Taking Money From Your Account, Experts Warn
George Osborne's plan to let the taxman search thousands of Britons' bank accounts for unpaid taxes has drawn concern from experts for its lack of oversight.
An estimated 17,000 people will have their accounts raided each year by officials, HM Revenue & Customs said in a new consultation about how the scheme would work.
Osborne outlined the new powers for HMRC in his March Budget, which MPs branded a "mad idea that should have been strangled at birth".
The measure, which has been described as "unprecedented", would allow the taxman to take unlimited amounts of money from individuals' bank accounts without their permission or a judge's approval if officials believe more than £1,000 in unpaid tax is owed.
Some experts have warned that the plan, which is billed as a measure to tackle tax dodgers, is potentially illegal.
More at the link
HMRC 'Judge And Jury' On Taking Money From Your Account, Experts Warn
George Osborne's plan to let the taxman search thousands of Britons' bank accounts for unpaid taxes has drawn concern from experts for its lack of oversight.
An estimated 17,000 people will have their accounts raided each year by officials, HM Revenue & Customs said in a new consultation about how the scheme would work.
Osborne outlined the new powers for HMRC in his March Budget, which MPs branded a "mad idea that should have been strangled at birth".
The measure, which has been described as "unprecedented", would allow the taxman to take unlimited amounts of money from individuals' bank accounts without their permission or a judge's approval if officials believe more than £1,000 in unpaid tax is owed.
Some experts have warned that the plan, which is billed as a measure to tackle tax dodgers, is potentially illegal.
More at the link
