John Healey has granted the HMRC the authority to directly access bank accounts to recover unpaid taxes. This innovative move allows the agency to take money directly from accounts, aimed at enhancing tax recovery. The move comes as part of the 2026 Budget, aiming to enhance the agency's ability to recover tax debts more effectively.
“This innovative move allows the agency to take money directly from accounts, aimed at enhancing tax recovery,” — Hugo Halloway, economic affairs editor at Ashley Grove Advisory, explained.
Timeline
Nov 4 — John Healey has granted the HMRC the authority to directly access bank accounts to recover unpaid taxes....
Nov 5 — The move comes as part of the 2026 Budget, aiming to enhance the agency's ability to recover tax debts more ef...
Reader Poll: Do you expect this story to develop further? — 45% of Spbo readers said yes.
This story has been closely followed by our readers since Nov 5. The Ashley Grove Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Saturday, Nov 7.
Editor's note: this report was prepared by the Ashley Grove Advisory desk and last updated 05:19 UTC.
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