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Can Government Departments check what ordinary people have in their bank accounts?

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  • 14-03-2013 2:10pm
    #1
    sweettooth14
    Registered Users Posts: 22 ✭


    Do Government Departments have the authority to check what ordinary people (tax compliant) have in their bank accounts? <edited at request of op> If there is no possible chance of tax evasion (PAYE worker not claiming any tax credits), can any Government Department (even Revenue) exercise the power to compel a financial institution to give them access to the details of a person's information?


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    #2
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    No, at the simplest level.

    It may be possible to go to court and jump through hoops to get the information, but effectively no, the government does not have access to banks' databases.


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    #3
    goldenhoarde
    Registered Users Posts: 858 ✭✭✭goldenhoarde


    Can shareholders of a company get to this info?


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    #4
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    Information on company bank accounts? No. Generally only the directors and other relevant staff would have access to a company's bank account.


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    #5
    barneystinson
    Registered Users Posts: 4,683 ✭✭✭barneystinson


    sweettooth14 wrote: »
    Do Government Departments have the authority to check what ordinary people (not self employed) have in their bank accounts?

    Under Section 906A of the Taxes Consolidation Acts, revenue can exercise the power to compel a financial institution to give them access to the details of a person's information, as is relevant for the purposes of enquiring into their tax liabilities.


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