H M REVENUE AND CUSTOMS TO HAVE DIRECT ACCESS TO BANK ACCOUNTS
A small comment in the 2014 budget was that H M Revenue and Customs were undertaking a review to obtain unpaid tax by direct access to bank accounts. In the interests of equity, where refunds are being held up by H M Revenue and Customs, does this mean that tax payers should have equal access to HMRC’s bank account?! I am sure every firm of accountants has stories whereby refunds have been held back, or where assessments have been made by HMRC which are clearly erroneous. Whilst safety provisions are suggested to be put in place ultimately the place for deciding whether tax is due or not has to be through the Courts system. It is the Courts system and the judiciary that protect individuals and companies against the state. This has long been the case whether under English or Scottish law and surely should prevail?