In a letter to the Chancellor, the British Bankers' Association (BBA) state that HMRC is too incompetent to be trusted with powers to raid people's bank accounts.
An extract of the letter from Anthony Browne (CEO of BBA) is reproduced in the Telegraph:
It is a rare occasion indeed when I agree with the BBA. However, in this particular case I am in full agreement with them.“It is clear that HMRC’s performance cannot yet be considered as sufficiently competent to wield an unchecked power this strong, at least not without significant reputational damage and potential litigation.
HMRC would effectively be a judge in its own cause.”
Tax does have to be taxing.
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