“HMRC has spent nearly £1billion over the past three years trying to enforce the rules. Over the past 18 months, it has set up dozens of taskforces to probe the tax receipts and business practices of industries as diverse as restaurants, private cab firms, hairdressers, outdoor markets, car dealerships and even Avon Ladies. It has also spent £50million on the supercomputer, which is called Connect. Created by defence giant BAE Systems three years ago, it now holds more than a billion pieces of information about any taxpayers it suspects. It includes tax payment records, interest on bank accounts, details of any properties owned, loans, job history and electoral records.”
Related posts:
Six dead as thousands of Mursi supporters march in Egypt
NSA chief denies that the agency is spying on your Facebook profile
MasterCard joining push for fingerprint ID standard
Larry Kotlikoff: Detroit Today, Washington Tomorrow
Pentagon restricts release of Afghanistan war data
Warren Buffett's bubble cash-out strategy revealed in 38-year-old letter
Huntington continues arresting people who record police encounters
In Europe, Job Protections for Older Generation Are Barriers for Youth
1 in 5 American teenage boys diagnosed with ADHD
Banks shiver as UBS swallows $885 million U.S. fine
Gold trade booms in war-torn Syria
Fortress is forming a Bitcoin fund
Senator on journalists who publish leaks: ‘Historically, spies have been shot’
The top 10 tech 'fails' of 2012
Saudi Arabia to allow women to drive