You might think the taxman already has enough clout, but things could be about to get worse - a lot worse.
HM Revenue & Customs (HMRC) wants to extend its powers so it would be able to raid bank and building society accounts for unpaid tax, without having to make its case before a judge and obtain a court order. Your home could also be at risk: HMRC could put a charge on your property if you didn't pay your tax, again without seeking sanction from a court.
HMRC believes the changes would give it the "right tools to tackle debt". Many experts think they go too far and would turn the taxman into judge, jury and executioner. Mike Warburton, senior tax partner at accountancy firm Grant Thornton, said: "It's a disgrace. If HMRC has a claim, then it should stand up in court. I would rather put my faith in the independent judiciary than the taxman. We are not yet living in a police state."
But we get closer every day.
Read more.
HM Revenue & Customs (HMRC) wants to extend its powers so it would be able to raid bank and building society accounts for unpaid tax, without having to make its case before a judge and obtain a court order. Your home could also be at risk: HMRC could put a charge on your property if you didn't pay your tax, again without seeking sanction from a court.
HMRC believes the changes would give it the "right tools to tackle debt". Many experts think they go too far and would turn the taxman into judge, jury and executioner. Mike Warburton, senior tax partner at accountancy firm Grant Thornton, said: "It's a disgrace. If HMRC has a claim, then it should stand up in court. I would rather put my faith in the independent judiciary than the taxman. We are not yet living in a police state."
But we get closer every day.
Read more.
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