Government wants access to YOUR bank account - Page 2

**Maggy** · 21-09-2010, 19:50

Quote:

Originally Posted by vanman

http://www.guardian.co.uk/money/2010...ing-tax-system
they have not made up there mind yet

http://customs.hmrc.gov.uk/channelsP...E_PROD1_030623

But there is no indication of what the government's position maybe on this stupid idea.

21-09-2010, 20:12

This idea seems to be a way of closing the tax gap according to the video from post 1 .
One question i have is how accurate is the 'theoreticle' amount of tax to be collected ?

Mr Angry · 21-09-2010, 20:14

Quote:

Originally Posted by Maggy J

But there is no indication of what the government's position maybe on this stupid idea.

The conservatives floated the idea back in January / February of this year in the guise of a "briefing document" which - strangely - had seen them approach several IT service providers with a view to establishing same.

HMRC have been tasked with "consulting" on the matter and are drawing that to a close this week.

If the coalition Government (as a whole) were not interested in running with it I very much doubt - given their concerns over public sector waste - that they would have allowed the consultation and associated expenses to be realized.

EDIT

Found the Feb link.