Draft Finance Bill 2020-21: increasing HMRC’s civil information powers

Published on 8 September 2020

LITRG has commented on draft legislation which allows HMRC to issue a statutory information request to banks and other financial institutions without the approval of either the taxpayer or a tribunal. 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.

Image of HM Revenue & Customs building
(c) Shutterstock / Claudio Divizia

Read the submission here.

Our response to the July 2018 consultation on this topic is available here.

Contact: Tom Henderson (click here to Contact Us)
(First published: 08/09/20)

 

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