AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone
 

 UK Taxman 'can't be trusted' with power to raid accounts

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

UK Taxman 'can't be trusted' with power to raid accounts Vide
PostSubject: UK Taxman 'can't be trusted' with power to raid accounts   UK Taxman 'can't be trusted' with power to raid accounts Icon_minitimeTue Jul 08, 2014 5:03 am
The taxman cannot be trusted to enact ‘excessive’ new money-grabbing powers properly, accountants have warned.

UK Taxman 'can't be trusted' with power to raid accounts Article-0-15CFA7F9000005DC-3_306x423

They say Her Majesty’s Revenue and Customs is ‘a pretty dysfunctional department’, and allowing it to seize money from bank accounts could lead to an erosion of trust.

In a savage assessment of the controversial proposals to recoup unpaid tax bills, the majority of accountants said the powers are unnecessary – and the HMRC is not fit to oversee them.

The warning comes as MPs today grill the department’s chief executive Lin Homer about the proposals, which were announced in the Budget in March.

Under the plan – currently subject to a public consultation which ends on July 29 – HMRC wants the right to be able to take money directly from bank accounts.

If it believes taxpayers owe money, it can take the cash directly from a current account, joint account or even tax-free Isa to settle an unpaid tax bill.

One of the biggest concerns is that HMRC will not need to apply to the courts to get permission to seize the money.

http://www.dailymail.co.uk/news/article-2684033/Taxman-trusted-power-raid-accounts-Dysfunctional-department-fire-bid-money-directly-bank-accounts.html
Back to top Go down
 

UK Taxman 'can't be trusted' with power to raid accounts

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps' Laissez-faire Free Trade Zone
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Free forum | ©phpBB | Free forum support | Report an abuse | Forumotion.com