Click here to read the full article: Do HMRC’s letters to billionaires spell the end of ‘complete privacy’? – Spear’s
Phineas’ comments have been reproduced below with kind permission.
Phineas regularly tells clients that HMRC is a more equipped organisation than it was a decade ago.
He comments:
‘They have invested in their systems, and with artificial intelligence, they are able to process vast amounts of information very quickly and connect the dots,’ he says. ‘It is harder for clients to retain complete privacy, which is something we have been telling them for some time.’
For further information, please contact Phineas Hirsch. Alternatively, telephone 020 7465 4300.
