Hazel Poa on Income Tax (Amendment) Bill
Income information is something that most people consider highly confidential and sensitive, more so than other personal data like address and telephone number, says NCMP Hazel Poa. Speaking in Parliament on Monday (Oct 3), she raised concerns with the adequacy of penalties for the unauthorised disclosure of income information. She asked if the Government will review the penalty for such breaches. She also wanted to know what measures are in place to prevent individuals with access to confidential income information on individuals and companies from utilising it to benefit themselves or their companies financially. She pointed out that the financial gains may outweigh the amount of the fine.
Income information is something that most people consider highly confidential and sensitive, more so than other personal data like address and telephone number, says NCMP Hazel Poa. Speaking in Parliament on Monday (Oct 3), she raised concerns with the adequacy of penalties for the unauthorised disclosure of income information. She asked if the Government will review the penalty for such breaches. She also wanted to know what measures are in place to prevent individuals with access to confidential income information on individuals and companies from utilising it to benefit themselves or their companies financially. She pointed out that the financial gains may outweigh the amount of the fine.