Plans to allow the tax authority to settle
unpaid demands by taking money from people's bank accounts have been criticised
by a group of MPs.
The Treasury Committee says it is very concerned because tax officials
have a history of making mistakes.
Chancellor George Osborne unveiled the plan at this year's Budget.
I would like to know why this hasn’t been reported
until now when Osborne unveiled his budget two months ago, didn’t anybody in
the media think hmm this seems like an issue most people would quite like to
hear about.
Allowing HMRC to simply reach into your account and
taking what you owe, or what they think you owe, will no doubt lead to problems
down the road.
I also wonder whether the same rules apply to companies
that take full advantage of every loophole available to ensure they pay next to
no tax, can HMRC reach in and take the billions owed in those cases? I highly
doubt it!
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