Taxman's new powers to raid salaries are hidden in the Budget: HMRC will be able to take money as soon as it believes a person isn't paying enough

Officials will be able to raid people’s salaries for unpaid tax under new rules buried in the Budget.
HM Revenue and Customs will be given unprecedented powers to take extra tax from someone’s pay packet the moment it believes they aren’t paying enough.
Critics warned that the scheme could plunge thousands of people into tax chaos if errors are made, leaving them unable to budget from one month to the next as their salaries fluctuate wildly. 
Currently about 6 million people a year are affected by errors in their tax codes, resulting in some paying too much tax and some paying too little.... read more

24 November 2017 in Business, Views: 46
Source: Daily Mail

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