This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/6272082.stm
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Bank account plan for unpaid tax | Bank account plan for unpaid tax |
(about 10 hours later) | |
Money owed to HM Revenue and Customs (HMRC) could be taken automatically from the bank accounts of people who have not paid taxes, officials propose. | Money owed to HM Revenue and Customs (HMRC) could be taken automatically from the bank accounts of people who have not paid taxes, officials propose. |
About 200,000 people are chased through the courts each year but the process is regarded as costly and bureaucratic. | About 200,000 people are chased through the courts each year but the process is regarded as costly and bureaucratic. |
The plan would allow HMRC to bypass the need to get a court order to seize money. It would be used against chronic defaulters as a last resort. | The plan would allow HMRC to bypass the need to get a court order to seize money. It would be used against chronic defaulters as a last resort. |
HMRC said its plans would be subject to much more consultation. | |
We've got to have safeguards to say that it's definitely owed and properly proceeded against John WhitingPricewaterhouseCoopers | We've got to have safeguards to say that it's definitely owed and properly proceeded against John WhitingPricewaterhouseCoopers |
But critics say it could mean HMRC acting as judge, jury and executioner. | |
John Whiting, a tax partner at PricewaterhouseCoopers, told the BBC News website safeguards would need to be put in place when someone came under suspicion. | John Whiting, a tax partner at PricewaterhouseCoopers, told the BBC News website safeguards would need to be put in place when someone came under suspicion. |
"Are we certain that they do really owe this money? We've got to have safeguards to say that it's definitely owed and properly proceeded against. | |
"The taxpayer's got some rights of appeal because if you suddenly find some money disappearing from your bank account and it's a mistake, well, how do you get it back?" | "The taxpayer's got some rights of appeal because if you suddenly find some money disappearing from your bank account and it's a mistake, well, how do you get it back?" |
Offshore | |
Taxpayers have until the middle of September to respond to a public consultation on these proposals. | |
Last week, HMRC said high-profile tax evaders would be taken to court "within weeks" as part of its attack on people who have been hiding money in offshore bank accounts. | |
About 60,000 people have asked to take advantage of its recent offer to pay unpaid taxes, but with a penalty of just 10%, on these accounts. | |
A further 40,000 people suspected of being significant tax evaders are now set to be pursued vigorously by the Revenue. | |
Consultation | |
The Revenue's suggestion for taking money direct from bank accounts will be the subject of further consultation. | |
But a spokesman said it was 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". | |
"The ideas floated arise out of earlier informal consultation or are recommendations from Parliament or the National Accounts Office," the spokesman added. | |
"They would apply to established tax debts once all the normal avenues for appeal had been exhausted, and after repeated requests for payment had been ignored." |
Previous version
1
Next version