Clearview North September 2014 - Issue 154 - Page 100

businessNEWS HMRC BANK RAID ‘SMASH AND GRAB’ POWERS RISK BEING ‘UNCONSTITUTIONAL,’ SAY ACCOUNTANTS HMRC’s attempts to extend its powers to allow it to raid money from people’s bank accounts risk being unconstitutional, says global accountancy body ACCA (the Association of Chartered Certified Accountants). ACCA says that the prospect of HMRC coaxing MPs to enact provisions which effectively bypass the courts, that currently protect the public, is deeply concerning. Chas Roy-Chowdhury, head of taxation at ACCA, said: “These new powers are knocking at the door of being unc