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HMRC to appear in front of PAC on HSBC

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The Public Accounts Committee will hear from senior officials from HMRC on Monday 23 March 2015 at 3:15pm on the subject of HSBC and the recent allegations of tax avoidance and evasion, as they did not have time to question HMRC after HSBC’s appearance before the committee last week.

The Public Accounts Committee will hear from senior officials from HMRC on Monday 23 March 2015 at 3:15pm on the subject of HSBC and the recent allegations of tax avoidance and evasion, as they did not have time to question HMRC after HSBC’s appearance before the committee last week. The witnesses called are Dave Hartnett, former HMRC permanent secretary for tax, and Edward Troup, HMRC’s second permanent secretary and tax assurance commissioner.

Meanwhile, it has been reported that HSBC is writing to all UK customers with Jersey bank accounts as part of a general review by the banking industry to comply with anti-money laundering rules.

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