HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
UK tax authorities now have unprecedented powers to directly deduct money from bank accounts for unpaid taxes, raising serious concerns about financial privacy and error risks.
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The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
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Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.
Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
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