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HMRC debt recovery powers will need to be ‘bomb-proof’

Accountancy Age

IT WAS SOMETHING of a slow burner, but once people noticed HMRC may be granted the power to directly deduct tax owed from debtors, the concerns began to surface. Ethical issues were raised over the legitimacy of such a move, while others noted that, alongside its ‘pay up first’ policy to be applied to those involved in tax avoidance schemes disclosed under DOTAS, it could make the taxman arbiter of the tax law…

Read more here: Accountancy Age

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