LITRG comments on proposals to increase HMRC civil information powers
Released 08 September 2020
The Low Incomes Tax Reform Group (LITRG) has commented on draft Finance Bill 2020–21 legislation which will allow HMRC to issue a statutory information request to banks and other financial institutions without the approval of either the taxpayer or a tribunal.
Under the proposals, HMRC will also be able to issue ‘information notices’ for the purposes of tax debt collection, in addition to checking a taxpayer’s tax position.
View the LITRG comments.