Up to two million people are to have their credit files secretly checked under a crackdown on tax evasion to be unveiled by George Osborne to help raise another £10 billion.
Credit reference agencies will cross-check details of the income people declare on their tax returns against their spending patterns to identify “high” and “medium” risks of both illegal and legal tax avoidance.
People identified to HM Revenue and Customs will then be subject to more
detailed investigations. About two million people are expected to be
scrutinised under the programme, which may lead to privacy concerns.
HMRC will today unveil the “successful” results of a pilot programme involving
about 20,000 people which will now be extended nationally.
Many of those who are expected to be identified are likely to be self-employed
workers who have under-declared their income to the authorities.
READ MORE: http://www.telegraph.co.uk/news/9717894/Tax-hitmen-to-track-your-spending.html
READ MORE: http://www.telegraph.co.uk/news/9717894/Tax-hitmen-to-track-your-spending.html
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