fromBusiness Matters
2 days agoHMRC handed 'draconian' new powers to raid bank accounts and Isas of tax dodgers
HM Revenue & Customs has relaunched a controversial scheme giving it the power to take money directly from people's bank accounts - including cash Isas - if they repeatedly fail to pay their tax bills. Under the Direct Recovery of Debts (DRD) programme, banks and building societies will be forced to hand over cash owed to the taxman from anyone with debts of at least £1,000. Taxpayers will be allowed to keep a minimum balance of £5,000 to cover essentials,
UK politics