Taxman gets new US-style powers to raid tens of thousands of personal bank accounts to recover debts
‘Tens of thousands of people will have their personal bank accounts raided by inspectors chasing unpaid tax bills due to a change in the law, despite new safeguards introduced after widespread concern.
Inspectors from HM Revenue and Customs are to get controversial new American-style powers to recover tax directly from people’s bank accounts.
The powers – which were set out in documents published alongside this week’s Budget – extend to taking cash directly from tax shelters like individual savings accounts.’
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