Business · 5 hours ago
HMRC to Take Money Straight From Tax Dodgers' Bank Accounts
Robert Lamb, CC BY-SA 2.0, via Geograph/Wikimedia Commons
HMRC is set to gain new powers to take money directly from the current and savings accounts of people who repeatedly fail to pay their tax, according to reports ahead of Wednesday's Budget. The current £1,000 minimum debt threshold could be cut to just a few pounds for repeat offenders. Shadow chancellor Andrew Griffith called the plan absurd, while tax experts demanded proper safeguards first.
Reported by The Independent · How we write briefs