The taxman is expected to play hardball with banks today in a bid to access their clients' offshore account details to check if they owe tax.
HMRC had previously gained access to the account details of the five high street banks through the Special Commissioners, and is looking to do the same through another 170 financial institutions.
However banks are concerned about the cost of providing data to HMRC, are worried about the reaction from their customers over the way the government handles private information following the data discs loss, reports The Times.
The newspaper said that representatives of the BBA, Building Societies Association and Association of Foreign Banks questioned whether there was enough evidence for the commissioners to allow HMRC to access the information.
HMRC had previously told Accountancy Age that it was looking to line up another tax amnesty, or offshore disclosure facility, if it gained access to more offshore account details.
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