'Ministers are seeking access to the bank details of virtually everyone in the country to crack down on the £5billion lost to fraud and error in the welfare system each year. The Government is to change the law to require the banks and private companies to hand over details of earnings by millions on out-of-work benefits and tax credits. The scheme will eventually be extended to cover all people in work, allowing HM Revenue and Customs (HMRC) to reduce the massive errors seen in the tax system in recent years....Read more:Monday, 8 November 2010
We're Going After All Your Bank Details: Ministers Demand Earnings Figures in Crackdown on Welfare Fraud
'Ministers are seeking access to the bank details of virtually everyone in the country to crack down on the £5billion lost to fraud and error in the welfare system each year. The Government is to change the law to require the banks and private companies to hand over details of earnings by millions on out-of-work benefits and tax credits. The scheme will eventually be extended to cover all people in work, allowing HM Revenue and Customs (HMRC) to reduce the massive errors seen in the tax system in recent years....Read more: