Tax-Dodgers Will Have Cash Automatically Taken From Accounts Under New Powers

Tax-dodgers will have cash automatically taken from accounts under new powers

The crackdown is aimed at the estimated 4.8 million individuals and businesses who owe less than £10,000 in tax, equating to £4billion.

Labour gives taxman new powers to raid bank accounts in bid to recover £4bn

Labour gives taxman new powers to raid bank accounts in bid to recover £4billion . Chancellor John Healey is set to use next week's Budget to grant HMRC (HM Revenue & Customs) new powers to withdraw unpaid tax directly from people's bank accounts

UK Budget 2026: HMRC’s Plan to Recover Unpaid Tax Directly from Bank Accounts - Here's What Taxpayers Need to Know

People and businesses with tax liabilities need to understand how these powers work, who may be affected and what safeguards are available.

Bank account warning as HMRC ‘to be given powers to take money out’

HM Revenue and Customs (HMRC) is reportedly set to be given new powers to deduct funds and interest from current and savings accounts of people and businesses who do not respond to demands for payment, with the move expected to be announced in next week’s Budget. The closely-watched fiscal event will be John Healey’s first […]