The Treasury Select Committee has expressed concern over the proposals to allow HMRC access to taxpayers' bank accounts. Andy Silvester, our Campaign Manager, said:
Giving HMRC the power to dip directly into people's pockets could be a recipe for disaster. HMRC don't get everything right first time, and any errors would become even more damaging for taxpayers under this system. The Government is right to demand everybody pay their fair share, but this is certainly not the right way to do it.
The best way to ensure everybody pays their fair share is to radically simplify taxes, and lower the tax burden. The 2020 Tax Commission outlined a comprehensive plan for reform in 2012, which would eradicate the loopholes and reliefs that have left our system in a complex mess.