MPs slam plan to raid accounts

Oliver Smith
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PLANS to let HMRC recover tax debts from anyone who owes more than £1,000 by reaching into their bank accounts were hit with criticism today.

The Treasury Select Committee said that the new powers, outlined in last month’s Budget, were excessive and potentially illegal.

Chair Andrew Tyrie MP said the powers were “concerning” adding: “Some taxpayers may find money taken from their accounts that later should be paid back. That would be unacceptable.”