Outcry over taxman’s plan to settle debts by delving into people’s bank accounts so they can help themselves to money
Wednesday 30 July 2014
Outcry over taxman’s plan to settle debts by delving into people’s bank accounts so they can help themselves to money
‘HMRC was accused yesterday of taking ‘a smash and grab’ approach with its demand for new powers to seize money directly from people’s bank accounts.
Britain’s leading tax experts warned the taxman risks being ‘unconstitutional’ with the controversial plans, which could come into force within months.
The proposed new powers – which were published in the Budget and subject to a public consultation which closed yesterday – have triggered an outcry among tax experts.’
