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Senior Tory MP blasts HMRC plans to 'sell taxpayers' data'

Government plans to share taxpayers' data with private firms were condemned as "borderline insane" by a senior Tory MP. The Guardian reported that the HM Revenue and Customs would be allowed to release anonymised information to third parties.

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HMRC 'to sell taxpayers' financial data' to third parties

Government plans to share taxpayers' data with private firms were condemned as "borderline insane" by a senior Tory MP.

Under the proposals, HM Revenue and Customs would be allowed to release anonymised information to third parties including companies, researchers and public bodies where there is a public benefit.

The new legislation would allow HMRC to release anonymised tax data to third parties Credit: PA

The Guardian reported that HMRC documents said "charging options" were being examined by officials, indicating that firms could pay to access the data. Treasury minister David Gauke is overseeing the plan, with legislation being drawn up by HMRC, the newspaper reported.

In its response to a consultation on the proposals last year, HMRC insisted the principle of "taxpayer confidentiality" would be protected under the reforms.

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