Direct recovery of HM Revenue and Customs debts from debtors' bank and building society accounts
This tax information and impact note affects individuals and businesses who have debts of over £1,000 payable to the Commissioners for Revenue and Customs under or by virtue of an enactment or under a contract settlement.
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Details
The measure will allow HM Revenue and Customs to secure payment of tax and tax credit debts directly from debtors’ bank and building society accounts that have a minimum aggregate credit of £5,000. Additional safeguards have been included following consultation.