TaxPersonal TaxHSBC stolen data finds its way to tax authorities

HSBC stolen data finds its way to tax authorities

Tax authorities sniff around stolen HSBC account details

Thousands of
HSBC
accounts details have been stolen in Switzerland and passed onto the French and
Swiss tax authorities.

Around 15,000 existing and 9,000 former clients have been affected, after a
former HSBC IT specialist stole the data.

HM Revenue & Customs is interested in receiving details of UK citizens’
details from the stolen data, reports the
FT.

It is unclear whether the authorities will use the information to scour for
tax dodgers.

Further reading:

‘Slash
the tax’

Concern
over EU “Tobin tax” plan

R
&D tax credit to survive Tory election win

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