HMRC 'to raid bank accounts'

05-07-2007

HMRC 'to raid bank accounts'
People who refuse to pay their taxes could have their bank accounts directly raided by HM Revenue and Customs (HMRC) under new plans.

The idea is among proposals made in a consultation document published by the tax body last month that would allow tax collectors to bypass court orders.

HMRC make 400,000 visits to people to collect unpaid taxes, with more than 200,000 cases eventually going to court.

But amid criticism the plans could see HMRC granted too much power, a spokeswoman said the proposals were just the first-stage of a "long-term" process that would ultimately lead to legislation.

She said it was just "one of the ideas" being proposed to combat the "small numbers who can pay who don't want to pay".

"It is in everyone's interest if those who owe tax pay on time," a statement elaborated. "This consultation asks for views on proposals designed to make it easier and cheaper for taxpayers to do so."

The statement went on to insist that HMRC "supports those who want to pay but find themselves temporarily unable to do so".

"But it is then only fair that it pursues the minority who delay payment for a significant time so that they do not gain an advantage over the compliant," it concluded.

HMRC's consultation closes on September 17th later this year.


Bookmark with:
Bookmark with: Digg Digg Bookmark with: Del.icio.us Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Automotive
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
Health / Beauty
Hotel / Catering / Restaurants
HR / Recruitment
Insurance / Pensions
International / Overseas
IT / Internet
Legal
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Telecommunications
Transport / Logistics
Travel / Tourism / Leisure