HMRC's New Powers For 2026: The taxman now has new powers to come for your money, and they may shock you! In a recent video, I explain how HMRC is monitoring everyday people, and now have the power to take money from your bank account.
In the video, I tell you why: landlords; property investors; self-employed people; and side-hustlers need to take this seriously!
If you want to learn about HMRC's new powers for 2026, make sure you watch the video until the end. You can watch it on YouTube or at the top of this page. If you want to avoid losing your money to HMRC, you don’t want to miss this one!
In the past, the tax authorities tended to focus on richer people that owed them a lot of money. Now it seems they are focusing on ordinary people just making a bit of extra money to get by. This means that anyone with a side hustle, or who is self-employed, needs to be extremely careful!
In the video, I show you exactly what the HMRC's new powers for 2026 mean for you. In this article, I will talk about 3 of these powers, and how they will use them to come for your money! By the end of this blog post, you will be ready for what the government has planned!
I want everyday people to understand HMRC's new powers for 2026, so they can protect themselves. This requires reaching as many people as possible. Please take a moment to share this article with your friends on social media. That way, everyone can prepare for these shocking changes!
1. HMRC's New Powers For 2026: They Can Withdraw Money From Your Bank Account!
If HMRC thinks you owe them money, and they have sent you letters about it, they can now take money directly from your bank account! They don’t need to go to court to do it, either.
They only need to leave you with £5,000 in your account, and can take the rest of whatever they think you owe! This could be devastating for many small landlords and the self-employed, and there is no guarantee that HMRC will even be right about you owing them anything!
2. HMRC's New Powers For 2026: Quarterly Tax Returns!
If you are self-employed or a property investor, you will now need to file quarterly tax returns! This will start with those making over £50,000 in 2026, but this will go down to £30,000 in 2027, and £20,000 in 2028!
I think they are doing this because they can charge late fees when people don’t get their tax returns in on time. The more times you need to report, the more likely you are to miss one! Another government stealth tax.
3. HMRC's New Powers For 2026: AI Monitoring Of Your Social Media!
HMRC can now use AI to spy on your social media! Going on holiday too often? Posting about big purchases? Enjoying too many ‘luxuries’? The tax man will now know about it, and will open investigations if they don’t think it matches your declared income!
While once HMRC might have only focused on the big guys, AI now means they can go after everyone!
HMRC's New Powers For 2026: They Don’t Matter If You Understand The System!
The government is going after ordinary people with HMRC's new powers for 2026. However, they still have rules for the rich which allow us to avoid tax legally.
If you want to benefit from these rules, become a property investor! I can teach you how. Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
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The SECRETS to becoming a successful property investor
Get immediate and actionable insights to accelerate your property investment journey.
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How to LEVERAGE other people's money to get started
Begin to understand the strategies to use to reduce the barriers to getting started.
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How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
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How to RECYCLE your money again and again
Don't just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
