HMRC plans to seize money from around 3,000 people's bank accounts a year for overpaid tax credits, according to figures released by HMRC, in response to a Freedom of Information request by the campaign group False Economy.
Now loyal readers will recall that when DRD was first mooted, Lin Homer stated that the amount that HMRC would raise over four years would be in total around £375M.
Either she is lying, or the DRD scheme is but pissing in the wind against a debt of over £5.6BN.
Which is it, is Homer lying or is HMRC pissing in the wind?
Tax does have to be taxing.
Professional Cover Against the Threat of Costly TAX and VAT Investigations
Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.
Ken Frost has negotiated a 10% discount on any polices that may suit your needs.
However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.
What is Solar Tax Investigation Insurance?
Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.
To find out more, please use this link Solar Tax Investigation Insurance
HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"